Why is Jagan opposing Navayuga?

[Anta Assamey]

There seems to be more to Andhra Pradesh chief minister Y S Jagan Mohan Reddy’s decision to terminate the Polavaram contract given to Navayuga Engineering than what meets the eye.

The primary impression that everybody gets from the notice is that Jagan wants to go in for fresh tenders because the experts committee appointed by him found out large scale irregularities and corruption in giving the contract to Navayuga on nomination basis after scrapping the agreement with Transstroy.

It caused huge loss and excess payments of over Rs 3,100 crore to the contractors by Naidu government for kickbacks.

So, Jagan wants to bring in transparency in tenders and hence, he has decided to go in for reverse tendering for Polavaram.

But, according to sources, Jagan had been nurturing an old grouse against Navayuga. This company was one of the initial promoters of Vadarevu and Nizampatnam Port Industrial Corridor (VANPIC) with 65 per cent stake during the Y S Rajasekhar Reddy regime.

However, when Jagan was in crisis following the CBI cases, Navayuga quietly exited from the VANPIC project and sold the shares to Ras Al Khaimah Investment Authority and Matrix Enport.

The sale comes days after Nimmagadda Prasad, promoter of Matrix Enport was arrested by the CBI.

The CBI has accused Prasad of investing nearly Rs 1,000 crore in companies controlled by Jagan as quid pro quo for obtaining thousands of acres of land for VANPIC.

Apparently, Jagan was angry with Navayuga for dropping out from the project when it was in crisis. Now, he has got a chance to corner Navayuga.

[snoww]

Navayuga valla Grand son married Dramoji's grand daughter. So it is expected. 

[kidney]

CM lamesh and Chrujana have shares ( Binames) in this NavYug's Polvaram Project ani vinnanu

[boeing747]

revenge scenario na idi aythe

[snoww]

ఏ ప్రాతిపదికన రద్దు నోటీసులు?

* ఈ పనులన్నీ నామినేషన్‌ పద్ధతిలోనే కొత్త గుత్తేదారుకు అప్పగించారు.
* ఈపీసీ పనులను ఎల్‌ఎస్‌ (లంప్సమ్‌) పద్ధతిలో నామినేషన్‌పై ఇవ్వడం  సరికాదు
* ఒప్పంద క్లాజులను మినహాయిస్తూ డీజిల్‌, స్టీల్‌, సిమెంట్‌లకు ప్రత్యేక నిధి ద్వారా చెల్లింపులు జరపడం కూడా నిబంధనలకు విరుద్ధమని ప్రభుత్వం నియమించిన నిపుణుల కమిటీ తేల్చింది.
ఈ కారణాలతో పైన పేర్కొన్న ఒప్పందాలను ముందస్తుగా ముగించుకునేందుకు సిఫార్సు చేసింది. ఎల్‌ ఎస్‌ ఒప్పందాలను తొలగించేందుకు కాంట్రాక్టు ఒప్పందంలోని 89.3 జనరల్‌ కోడ్‌ ఆఫ్‌ కాంట్రాక్టు నిబంధన కింద నోటీసులు జారీ చేశారు. ప్రస్తుత ఒప్పందాలు రద్దు చేసుకుని కొత్తగాటెండర్లు పిలవనున్నట్లు అందులో స్పష్టం చేశారు.

[caesar]

megha krishnaaa REDDY ki isthaadu emundhi akkada inthaaaa

[cosmopolitan]

Endho ee Donga lekalu and donga investment lu .. 

[r2d2]

8 minutes ago, cosmopolitan said:

Endho ee Donga lekalu and donga investment lu .. 

yeah.. Coffee Day Siddarth kooda anduke suicide chesukunnaadu... appulolla harassment ani covering insthunnaaru..

[raccharambola]

jagan garu meeru emaina cheyyandi parvaledu, but Polavaram complete cheyyandi chaalu

[manadonga]

Navayuga mega both are pure business oriented they will give party fund to all of them and vallu jaggadi dabbulu mingese projects cheyya mante cheyyaru 

basic ga dorikela edi cheyyaru 

paina modi to kuda bane vuntaru 

[cosmopolitan]

15 minutes ago, r2d2 said:

yeah.. Coffee Day Siddarth kooda anduke suicide chesukunnaadu... appulolla harassment ani covering insthunnaaru..

Corrupted Politicians and business valu /govt officers kalisi nasanam chesthunaru 

[Anta Assamey]

Edo okati chesi Project complete Cheste Adhi chalu ... 

[Vaampire]

Simple kickbacks kosam. Verey company ki isthey fresh kick backs

[tom bhayya]

Biryani time 

[Anta Assamey]

20 minutes ago, tom bhayya said:

Biryani time 

Oka Bongu lo Biryani Parcel plz...