Transtrai likely to retain Polavaram

Transtrai likely to retain Polavaram

 

The Polavaram project which came to a standstill with shocking revelation of filing fake experience of the Transtrai Company’s Russian partner, has creates havoc among the political circles for it belongs to Congress MP Rayapati Sambhasiva rao. The government even sent investigating teams to Russia and China to enquire about the Russian Company’s credentials and experience in handling such big projects.

 

However, the teams have found it neither has any required experience to handle such big tasks nor its documents pertaining to the Polavaram are genuine. Hence, there were expectations of cancelling the agreement made between the state government and Transtrai Company. But, to the surprise of everyone, the high power committee constituted to give its report and recommendations on this agreement has suggested the government to let the Transtrai continue the work as scrapping of the agreement may lead to financial losses to exchequer and valuable time also. Hence, CM Kiran Kumar Reddy may approve the committee suggestions in a couple of days.

 

According to opposition, Rayapati was given Polavaram project to refrain from decedent activities and to avert launching of Samaikyandhra agitations.

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