Calls Grow to Cancel Singareni Coal Tenders
COAL & MINING

Calls Grow to Cancel Singareni Coal Tenders

Former Minister and honorary president of TBGKS, Koppula Eshwar, has demanded the cancellation of all coal block tenders in Singareni amid allegations of a Rs 60 billion scam linked to the Naini coal block tenders. He accused both the Congress government in Telangana and the BJP-led Centre of colluding in corruption and announced plans to intensify the “Save Singareni” movement unless all tenders are cancelled and a comprehensive inquiry is conducted.

Addressing mediapersons at Telangana Bhavan, Eshwar questioned why only the Naini coal block tenders were cancelled after irregularities were highlighted by BRS deputy floor leader T Harish Rao. He alleged that since the Congress came to power, Telangana has become associated with repeated scams and accused the authorities of manipulating the tender process to benefit the Chief Minister’s brother-in-law.

Eshwar criticised the introduction of site visit certification and alleged that tenders previously awarded at lower prices were now being sanctioned at higher prices to benefit contractors, which he said indicated systemic corruption. He also alleged that the Congress government was targeting Harish Rao through a phone-tapping case for exposing the alleged scam and questioned the silence of Union Ministers G Kishan Reddy and Bandi Sanjay.

“If a scam has occurred, why has no CBI inquiry been ordered? The Congress in the state and the BJP at the Centre are acting together,” he said.

TBGKS president Raji Reddy also raised concerns over political interference in Singareni Collieries Company Limited, contractor syndicates and financial losses to the company due to unpaid dues from power distribution companies, warning that such issues could undermine the stability and performance of the coal major.

Former Minister and honorary president of TBGKS, Koppula Eshwar, has demanded the cancellation of all coal block tenders in Singareni amid allegations of a Rs 60 billion scam linked to the Naini coal block tenders. He accused both the Congress government in Telangana and the BJP-led Centre of colluding in corruption and announced plans to intensify the “Save Singareni” movement unless all tenders are cancelled and a comprehensive inquiry is conducted. Addressing mediapersons at Telangana Bhavan, Eshwar questioned why only the Naini coal block tenders were cancelled after irregularities were highlighted by BRS deputy floor leader T Harish Rao. He alleged that since the Congress came to power, Telangana has become associated with repeated scams and accused the authorities of manipulating the tender process to benefit the Chief Minister’s brother-in-law. Eshwar criticised the introduction of site visit certification and alleged that tenders previously awarded at lower prices were now being sanctioned at higher prices to benefit contractors, which he said indicated systemic corruption. He also alleged that the Congress government was targeting Harish Rao through a phone-tapping case for exposing the alleged scam and questioned the silence of Union Ministers G Kishan Reddy and Bandi Sanjay. “If a scam has occurred, why has no CBI inquiry been ordered? The Congress in the state and the BJP at the Centre are acting together,” he said. TBGKS president Raji Reddy also raised concerns over political interference in Singareni Collieries Company Limited, contractor syndicates and financial losses to the company due to unpaid dues from power distribution companies, warning that such issues could undermine the stability and performance of the coal major.

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->