Anbumani Hails Move To Cancel Rs 21 Billion (bn) Corridor Contract
ECONOMY & POLICY

Anbumani Hails Move To Cancel Rs 21 Billion (bn) Corridor Contract

PMK president Anbumani Ramadoss welcomed reports that the State government is considering cancelling the contract awarded to KNR Constructions for the proposed Rs 21 bn elevated corridor between Thiruvanmiyur and Uthandi on Chennai's East Coast Road. He said the announcement followed sustained public concern over the project cost and the procurement process.

He alleged that the project involved a Rs seven bn financial irregularity and urged the Vijay government to cancel the contract immediately and order a CBI investigation into the alleged corruption and procedural violations. He said he had been consistently demanding cancellation since the contract was awarded to Hyderabad-based KNR Constructions in December 2024. He maintained that the decision required close scrutiny.

Anbumani maintained that a competing bidder, Madhya Pradesh-based Dilip Buildcon, had offered to execute the project for around Rs 14 bn, which he said was about Rs seven bn less than the approved project cost. He alleged that the previous administration rejected that bid without providing any valid reason and nevertheless awarded the contract to KNR. The claim, he said, raised serious questions about transparency in the tendering process.

He argued that the estimated cost of the Thiruvanmiyur Uthandi elevated corridor appeared disproportionately high and contended the work could be completed at significantly lower expenditure. He said the contract effectively placed an additional Rs seven bn burden on the public exchequer and amounted to a betrayal of taxpayers. Those assertions underpinned his call for a formal inquiry.

He welcomed reports that the government was reviewing the contract, saying the move indicated that scrutiny of the alleged irregularities was under way and that the truth was beginning to emerge. He urged the Vijay government to terminate the contract with KNR Constructions and to commission a CBI probe without delay.

PMK president Anbumani Ramadoss welcomed reports that the State government is considering cancelling the contract awarded to KNR Constructions for the proposed Rs 21 bn elevated corridor between Thiruvanmiyur and Uthandi on Chennai's East Coast Road. He said the announcement followed sustained public concern over the project cost and the procurement process. He alleged that the project involved a Rs seven bn financial irregularity and urged the Vijay government to cancel the contract immediately and order a CBI investigation into the alleged corruption and procedural violations. He said he had been consistently demanding cancellation since the contract was awarded to Hyderabad-based KNR Constructions in December 2024. He maintained that the decision required close scrutiny. Anbumani maintained that a competing bidder, Madhya Pradesh-based Dilip Buildcon, had offered to execute the project for around Rs 14 bn, which he said was about Rs seven bn less than the approved project cost. He alleged that the previous administration rejected that bid without providing any valid reason and nevertheless awarded the contract to KNR. The claim, he said, raised serious questions about transparency in the tendering process. He argued that the estimated cost of the Thiruvanmiyur Uthandi elevated corridor appeared disproportionately high and contended the work could be completed at significantly lower expenditure. He said the contract effectively placed an additional Rs seven bn burden on the public exchequer and amounted to a betrayal of taxpayers. Those assertions underpinned his call for a formal inquiry. He welcomed reports that the government was reviewing the contract, saying the move indicated that scrutiny of the alleged irregularities was under way and that the truth was beginning to emerge. He urged the Vijay government to terminate the contract with KNR Constructions and to commission a CBI probe without delay.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code