Saturday, January 31, 2009

Maytas may lose another project

By S A Ishaqui
Hyderabad, Jan. 30: Yet another multi-crore rupee project given to Maytas Infra Ltd is being reconsidered by the state government after the Satyam scam.
The Rs 120-crore project which envisages was formed of a road from Mangapatnam to K Sugumanchipalli village in Kadapa district was awarded to the Maytas Infra Ltd in December, 2008 on a nomination basis. Mr P. Narayana Reddy, sarpanch of the Obannapet, and two others filed a petition against the project. Following this, the counsel for the roads and buildings department informed the High Court on Friday that the officials were reconsidering the decision.
A division bench comprising Chief Justice Anil R. Dave and Justice Ramesh Ranganthan recorded the statement of counsel on the request of the petitioners’ counsel P. Veera Reddy.
Counsel further informed that after the Satyam fraud surfaced, the state government decided to reconsider the issue. He said a comprehensive decision would be taken on the project within two weeks.

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