CBI to probe Pune-Satara toll project after Maharashtra govt approval
ROADS & HIGHWAYS

CBI to probe Pune-Satara toll project after Maharashtra govt approval

The Central Bureau of Investigation (CBI) wrote to the Maharashtra government for consent to probe the alleged irregularities in the toll project of Pune-Satara.

According to the sources, CBI wants to investigate the role of the National Highways Authority of India's (NHAI) contractors and officials and Reliance Infrastructure.

Last year in October, in the background of the probe into the television rating points (TRP) case, taken over by the federal agency, the government withdrew its consent to CBI to probe the state's case. General consent is needed for the CBI to register any offence in the state. In its absence, the central agency should approach the state government on a case-to-case basis to seek permission for the investigation. Maharashtra government is among the four states to withdraw the general consent from the agency.

The activist Pravin Wategaonkar had alleged that the Pune-Satara toll collection project of the six-lane highway was given to Reliance Infra for 24 years, including construction for 30 months in 2010. Reliance Infra formed a Special Purpose Vehicle (SPV) in the Pune-Satara Toll Road, but the project is still not completed at the complaint's filing time with the CBI in 2020.

According to the agreement, the project was to be completed by March 2013. Taking into account the grace period of nine months, the project was to be completed by December 2013, the complaint said.

On the project, AC&AG reported alleged fund diversions to mutual fund investment by the contractor. According to the contract, the contractor's equity, bank loan, and fees collection was strictly laid down in the project's contract.

Image Source

The Central Bureau of Investigation (CBI) wrote to the Maharashtra government for consent to probe the alleged irregularities in the toll project of Pune-Satara. According to the sources, CBI wants to investigate the role of the National Highways Authority of India's (NHAI) contractors and officials and Reliance Infrastructure. Last year in October, in the background of the probe into the television rating points (TRP) case, taken over by the federal agency, the government withdrew its consent to CBI to probe the state's case. General consent is needed for the CBI to register any offence in the state. In its absence, the central agency should approach the state government on a case-to-case basis to seek permission for the investigation. Maharashtra government is among the four states to withdraw the general consent from the agency. The activist Pravin Wategaonkar had alleged that the Pune-Satara toll collection project of the six-lane highway was given to Reliance Infra for 24 years, including construction for 30 months in 2010. Reliance Infra formed a Special Purpose Vehicle (SPV) in the Pune-Satara Toll Road, but the project is still not completed at the complaint's filing time with the CBI in 2020. According to the agreement, the project was to be completed by March 2013. Taking into account the grace period of nine months, the project was to be completed by December 2013, the complaint said. On the project, AC&AG reported alleged fund diversions to mutual fund investment by the contractor. According to the contract, the contractor's equity, bank loan, and fees collection was strictly laid down in the project's contract. Image Source

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement