‘Scandal of gigantic proportions’: Congress on Adani slashing Maharashtra power project cost by 99%
The revised estimate would cut the wildlife conservation deposit from Rs 227 crore to Rs 2.27 crore, prompting probes by federal and state authorities.
- On Friday, Adani Green Energy Ltd revised the cost of its 1,500 MW hydropower project in Maharashtra from Rs 5,675 crore to Rs 56.75 crore, a 99 per cent reduction that drew widespread scrutiny.
- The revision significantly lowered the required 4% wildlife conservation deposit for the Sahyadri Tiger Reserve, prompting honorary wildlife warden Rohan Bhate to file a complaint alleging an 'incorrect cost of the project.'
- Following Bhate's complaint via the Aaple Sarkar portal on October 30, the Union Ministry of Environment, Forest and Climate Change directed the State Forest Department on November 6 to investigate on priority.
- Congress leader Jairam Ramesh described the cost reduction as a 'scandal of gigantic proportions' on Friday, reiterating demands for a Joint Parliamentary Committee probe into the Modani conglomerate.
- Although Adani Green Energy claims the project in Patan taluka occupies private land, official records indicate it falls within the deemed Eco-Sensitive Zone of the Koyna Wildlife Sanctuary.
11 Articles
11 Articles
Scandal of gigantic proportions: Congress on Adani slashing Maharashtra power project cost by 99% - The Tribune
The Congress on Friday attacked the Modi government over Adani Green Energy Limited reportedly seeking to revise the cost of its hydropower project in Maharashtra's Satara district downwards by 99 per cent, calling it a 'scandal of gigantic proportions' and reiterating its demand for a Joint Parliamentary Committee (JPC) probe into the group's operations.
‘Scandal of gigantic proportions’: Congress on Adani slashing Maharashtra power project cost by 99%
Adani Green Energy Limited has sought to sharply revise the cost of its 1,500 megawatt hydropower project in Maharashtra's Satara district downwards to ₹56.75 crore from ₹5,675 crore, a newspaper report said
'Scandal of gigantic proportions': Congress on Adani slashing Maharashtra power project cost by 99%
Stay updated with ThePrint: Preferred Source Google Discover New Delhi, Nov 13 (PTI) The Congress on Friday attacked the Modi government over Adani Green Energy Limited reportedly seeking to revise the cost of its hydropower project in Maharashtra’s Satara district downwards by 99 per cent, calling it a “scandal of gigantic proportions” and reiterating its […]
Congress flags 'gigantic scandal' as Adani cuts Maharashtra hydropower project cost by 99%
Congress has raised concerns regarding a significant cost reduction by Adani Green Energy for a hydropower project. The price dropped from Rs 5,675 crore to Rs 56.75 crore, attracting allegations of misconduct. Following complaints, environmental authorities are investigating the claim to ensure proper handling. Congress leaders demand a Joint Parliamentary Committee probe into Adani Group operations amid ongoing scrutiny.
“Modani conglomerate”: Jairam Ramesh alleges 99% reduction in Maharashtra Power Project Cost, renews demand for JPC probe
Congress leader Jairam Ramesh on Friday raised questions over reported reduction in the estimated cost of a 1,500 MW pumped storage power project in Maharashtra, alleging that the development pointed to a major scandal. He reiterated the Congress party’s demand for a Joint Parliamentary Committee (JPC) investigation into what he described as the expansion of the “Modani conglomerate” and its takeover of companies and public assets across differe…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
