BJP Demands Revanth Govt To Handover Kaleshwaram Project Probe To CBI: Ramchander Rao 

Hyderabad, Feb 17 (Maxim News): Senior BJP leader N. Ramchander Rao has demanded the state government headed by Chief Minister Revanth Reddy hand over the Kaleshwaram project investigation to the CBI immediately.

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the BJP leader stated, “The Kaleshwaram project has been constructed with more cost than required.  From time to time, both in the council and in the Assembly, the BJP has maintained that the Kaleshwaram project is an ATM for the  BRS government.  ” Ramachander Rao emphasized that, following the CAG report, the matter should now be given to the CBI for investigation.  “Now, after the CAG’s report, that there has been a wasteful expenditure purposefully to make quick money.  I think that the matter should now be given to the CBI for investigation.  “We demand that the Congress government in Telangana hand over the Kaleshwaram issue investigation to the CBI immediately, ” he said.

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The Comptroller and Auditor General (CAG) report that was tabled in the state Assembly on Thursday stated that the multi-purpose Lift Irrigation Project on the Godavari River in Telangana’s kaleshwaram of the previous BRs in Telangana is ‘economically unviable.”  The cost of the project is likely to exceed Rs. 1.47,427.41 crore as against the cost of Rs. 81,911.01 crore projected to the Central Water Commission (CWC), the CAG report stated. 

The absence of a comprehensive plan duly spelling out the sources of funds for a project of this scale, which will have a long-term impact on the finances of the state, is an indication of improper planning,  the CAG report stated.

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The CAG report stated that out of the total expenditure of Rs. 86,788.06 crores incurred on the project (March 2022), an expenditure of Rs. 55,807.86 crore i.e. 64.3 percent was met from the off-budget borrowings (OBBs) raised by KIPCL,  This KIPCL is a special purpose vehicle (SPV) set up by the BR’s government to handle finances related to Kaleshwaram. 

The Government of Telangana has not accorded administrative approval of the project as a whole and instead, it has issued separate approvals i.e. as many as 73 administrative approvals aggregating to Rs. 1,10,248.48 crore.  There are no orders from the Government about the funding pattern for the project.  The possibility of undue benefit of at least Rs. 2,684.73 crore to contractors for the supply and commissioning of pumps, motors, etc. cannot be ruled out,

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He alleged that cracks in the pillars of the Medigadda barrage are visible and accused KCR of trying to cover up his government’s mistakes.  He also accused KCR of terming the piers’ damage as a small issue.  Reddy alleged that KCR was scared of being exposed and tried to divert public attention by holding a public meeting at Nalgonda.  KCR on February 13  had addressed a public meeting in which he lashed out at the Revanth Reddy congress government for failing to protect the interests of the state in river water sharing.  (Maxim News) 

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