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

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?