+
YSRCP MP's Bengal project faltered; group gave TMC Rs 460 mn in poll bonds
ECONOMY & POLICY

YSRCP MP's Bengal project faltered; group gave TMC Rs 460 mn in poll bonds

Alla Ayodhya Rami Reddy, a YSRCP MP and businessman, was reported to have had two Hyderabad companies under his ownership. According to information shared on Facebook, these companies donated a total of Rs 460 million in electoral bonds to the ruling TMC in West Bengal in 2022. This action occurred during a period of turmoil in a $30-million water treatment project being executed in Kolkata for the state government by another company belonging to Reddy.

Data released by the Election Commission indicated that Reddy's companies, namely Chennai Green Woods and Madhya Pradesh Waste Management, contributed Rs 40 crore and Rs 60 million, respectively, to the TMC in January 2022. It was noted that this was the sole instance of donation to the TMC by the two companies. Records further revealed that Madhya Pradesh Waste Management also procured Rs 2.5 million worth of electoral bonds for the BJP in May 2019.

Separately, Chennai Green Woods made contributions of Rs 500 million to the BRS in April 2022 and Rs 150 million to the Congress in October 2023. The project in Kolkata under scrutiny was described as the "Design, construction, operation  maintenance of 22 MGD water treatment plant (WTP), reservoir, transmission mains and pumping stations" in New Town. The contract, initially valued at $30.38 million, was awarded in 2018-19 by the West Bengal Public Health Engineering Department (WBPHED), as part of a project supported by the Asian Development Bank. The contract was awarded to a joint venture between Reddy's Hyderabad-based Ramky Infrastructure and Mumbai-headquartered Furnace Fabrica India (FFIL).

Alla Ayodhya Rami Reddy, a YSRCP MP and businessman, was reported to have had two Hyderabad companies under his ownership. According to information shared on Facebook, these companies donated a total of Rs 460 million in electoral bonds to the ruling TMC in West Bengal in 2022. This action occurred during a period of turmoil in a $30-million water treatment project being executed in Kolkata for the state government by another company belonging to Reddy. Data released by the Election Commission indicated that Reddy's companies, namely Chennai Green Woods and Madhya Pradesh Waste Management, contributed Rs 40 crore and Rs 60 million, respectively, to the TMC in January 2022. It was noted that this was the sole instance of donation to the TMC by the two companies. Records further revealed that Madhya Pradesh Waste Management also procured Rs 2.5 million worth of electoral bonds for the BJP in May 2019. Separately, Chennai Green Woods made contributions of Rs 500 million to the BRS in April 2022 and Rs 150 million to the Congress in October 2023. The project in Kolkata under scrutiny was described as the Design, construction, operation  maintenance of 22 MGD water treatment plant (WTP), reservoir, transmission mains and pumping stations in New Town. The contract, initially valued at $30.38 million, was awarded in 2018-19 by the West Bengal Public Health Engineering Department (WBPHED), as part of a project supported by the Asian Development Bank. The contract was awarded to a joint venture between Reddy's Hyderabad-based Ramky Infrastructure and Mumbai-headquartered Furnace Fabrica India (FFIL).

Next Story
Infrastructure Transport

Delhi-Chandigarh Highway Leads in FASTag Annual Pass Adoption

The Delhi-Chandigarh highway has emerged as a frontrunner in the adoption of the new FASTag Annual Pass, with almost 30% of private cars now using the scheme—three times higher than the national average. Officials say this reflects strong commuter confidence and highlights a shift towards transparent, efficient, and sustainable mobility solutions.The FASTag Annual Pass offers frequent highway users a cost-effective and convenient payment option, reducing travel costs while cutting down on idling at toll plazas. This not only saves fuel but also lowers emissions, aligning with India’s carbo..

Next Story
Infrastructure Urban

GMDA Appoints DIMTS as Consultant for Sector 103 Bus Depot

The Gurugram Metropolitan Development Authority (GMDA) has appointed Delhi Integrated Multi-Modal Transit System (DIMTS) as the project management consultant for the proposed bus depot in Sector 103. The facility, spread across 7.18 acres of land acquired from the Municipal Corporation of Gurugram (MCG), will accommodate up to 150 buses.According to GMDA, the depot will primarily serve the developing sectors along the Dwarka Expressway while enhancing connectivity with Old Gurugram and adjoining areas in Delhi.“The development of the Sector 103 bus depot is part of GMDA’s continued efforts..

Next Story
Infrastructure Transport

Pune–Nashik Elevated Corridor to Cut Travel Time to 20 Minutes

Travel between Pune and Nashik is set to become dramatically faster, with a new elevated corridor reducing the journey from nearly two hours to just 20 minutes. Land acquisition for the ambitious project has already begun, offering major relief from traffic congestion on the busy route.The 28 km elevated stretch will run from Nashik Phata to Rajgurunagar (Khed) along National Highway 60. Currently, the journey takes 1.5 to 2 hours, but the new corridor will slash travel time significantly.To facilitate the project, land surveys and acquisitions are underway in villages such as Nanekarwadi, Med..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?