(Image source from: Twitter.com/AndhraPradeshCM)
AP Government Cancels Polavaram Power Project Contract:- Andhra Pradesh Government is busy cancelling the contracts and deals made by TDP Government. The Andhra Pradesh cabinet cancelled Rs 3216.11 crores worth Polavaram Hydel Power Project contract today. The AP cabinet called for the new tenders through a reverse tendering process. Andhra Pradesh Chief Minister YS Jaganmohan Reddy was present for the meeting and the cabinet announced the cancellation of contract that is given to Navayuga Engineering Company Limited.
AP Cabinet also decided to recover the advance amount that is given to Navayugan Engineering Company by the earlier TDP Government. Earlier, Navayuga lost the contract for Polavaram Irrigation Project that is worth Rs 3000 crores. All these contracts are given by TDP Government to Navayuga Engineering Company Limited. Not stopping here, YS Jagan cancelled several MoUs and agreements signed during TDP's regime. The Machilipatnam port lands which were allotted have been asked to be taken back by YS Jagan.
(Video Source: Sakshi TV)