Achi news desk-
- Based on that, a 30-year lease to the IRB for Rs.7,380 crores
- Now the income is more than Rs.60 crores per month
- There is a discussion among HMDA officials about how this amount has increased
- Did the Eagle give a false report? Doubt that
Hyderabad, Light: Another new aspect has emerged in the Outer Ring Road (ORR) toll tenders. Earlier, Eagle company reported getting Rs. 40 crores per month from the toll collection on Outer, but IRB Infra, which leases Outer, now gets more than Rs. 60 crores per month. Because of this, a large scale discussion is happening in HMDA. How has the income increased compared to the past? Did the Eagle Company give a false report? Understated income? If the income at that time had reached Rs.60 crores, what happened to the remaining Rs.20 crores? Who do they belong to? Doubts are expressed.
Earlier, the previous BRS government was criticized for leasing Out IRB Infra for 30 years for just Rs.7,380 crore.
In the past, the Eagle company managed the collection of external tolls. However, when the BRS government at the time thought of leasing the Outer, HMDA officials asked the Eagle company to report how much revenue comes from toll collection every month. Although the company reported the income to be up to Rs.40 crores per month, based on that, the previous government calculated and invited tenders for external lease.
As part of this, the IRB has leased Outer to Infra for 30 years for Rs.7,380 crore. But the toll income has increased after the transfer of the IRB to the company. Officials said the company got an income of Rs. 56.6 crore in November last year. He also said that by December, the income had increased by another Rs.7 crore to reach Rs.63.6 crore.
Officers surprised..
HMDA officials are surprised by the increase in the external income after taking the lease of the IRB company. They ask how the company’s income has increased to such an extent after taking the lease. Why has Eagle company reported that the income of the IRB organization is more than Rs.60 crores per month, but earlier it was getting an income of Rs.40 crores per month? What if a false report is given? Income that did not exist at the time.
Will it grow now?
What about the remaining Rs.20 crore? Who would they have reached in the previous government? Officers are discussing that.
Debate in the beginning..
The ORR toll tenders case was controversial even then. However, the previous government leased BRS Outer to IRB Infra for a small amount. IRB Outer tied up with Infra for 30 years for just Rs.7,380 crore.
At that time, other opposition parties, including the Congress, raised concerns about this. At the time, the opposition claimed that the lease for 30 years would generate an income of more than Rs 18,000 crores, but the BRS had tied the external to the IRB for a small amount, resulting in the loss of thousands of crores to the government, and that there have been irregularities.
