None
EN
CAG flags delays, tendering, financial management flaws
['The Hans India', 'Andhra Pradesh', 'Big Story', 'Life Style']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
The CAG has flagged delays, flaws in tendering and financial management in the implementation of Yettinahole Integrated Drinking Water Project, at a total cost of Rs 23,251.66 crore.
The CAG report on “Implementation of Yettinahole Integrated Drinking Water Project” was tabled in the Legislative Assembly by Minister Priyank Kharge on behalf of the Chief Minister Siddaramaiah.
However, project works are still under progress and far from completion and intended benefit delivery.
Resultantly, as of March 2024, VJNL faces financial uncertainty regarding the Rs 7,954.63 crore required for completing the project,” it said.
“Eighty percent of the works were awarded to the contractors without evaluating the financial capability, bid capacity and work experience.