Tuesday, September 5, 2017
According to sources, the State government is likely to call fresh tenders for the execution of the Polavaram Project.
The first step will be calling for fresh tenders for the completion of the spillway, spill channel, approach channel, coffer dam and the earth-cum-rock-filled dam as per schedule. As per the records of the State government, Transstroy could achieve only 27% of the target. Revising the estimates is one of the biggest hurdles the State government is facing. The Centre, for which the State is executing the project has given administrative sanction for only Rs.16,010 crore as per the 2014 prices but the cost of the project is said to have escalated over and above Rs.40,000 crore.