Revanth Reddy’s ‘East India Company’ now in Govt list for contracts

MEIL is not the only company that is in the limelight now. Raghava Constructions, owned by Revenue Minister Ponguleti Srinivas Reddy’s family, has been shortlisted as the lowest bidder for another package under NKLI.

Hyderabad: It was not long ago that Chief Minister A Revanth Reddy, then the TPCC president, dubbed Megha Engineering and Infrastructure Limited (MEIL) as ‘East India Company’ and alleged that the firm was “looting the State through commissions”. Interestingly, the same company has now been shortlisted as the lowest bidder for Revanth Reddy’s pet project, the Narayanpet – Kodangal Lift Irrigation (NKLI) works package.

Old videos of Revanth Reddy’s diatribe against MEIL Managing Director PV Krishna Reddy and his company are being shared extensively on different social media with the news of the MEIL being in consideration for the contract coming out. Sharing one such video, an X user, @BharathMBNR said: “Till yesterday Revanth Reddy charged Megha Krishna Reddy was a thief. Interestingly, the same company is offered Narayanpet Kodangal contract with 3.95 percent excess…”

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“Why were false accusations made against BRS Chief K Chandrashekhar Rao? Is Megha not a thief anymore,” @BharathMBNR further asked.

మేఘ కృష్ణ రెడ్డి పెద్ద దొంగ అన్నాడు రేవంత్ రెడ్డి నిన్నటి దాకా ఈరోజు అదే కంపెనీ కి నారాయణపేట కొండంగల్ కాంట్రాక్టు ఇచ్చాడు అది కూడా 3.95 % ఎక్కువకు.
మరి కెసిఆర్ మీద ఆరోపణలు ఎందుకు చేసావ్?
ఇప్పుడు మేఘ దొంగ కాదా??

ఇంకో కాంట్రాక్టర్ కాంగ్రెస్ మంత్రి పొంగులేటి కంపెనీ 3.9% ఎక్కువకు https://t.co/B7V7mi8Fvt pic.twitter.com/tUAihbogMp

— MBR (@BharathMBNR) September 14, 2024

MEIL is not the only company that is in the limelight now. Raghava Constructions, owned by Revenue Minister Ponguleti Srinivas Reddy’s family, has been shortlisted as the lowest bidder for another package under NKLI. In all, four companies had filed bids for the two packages under NKLI at estimated cost of Rs.4,350 crore. While, the other two companies were declared ineligible in the technical evaluation of the bids, Megha and Raghava Constructions were shortlisted for the works in the price bids.

Here again, for Package I, which is estimated to cost Rs.1,134.62 crore, Raghava Constructions quoted 3.9 percent excess than the tenders. It was declared as the lowest bidder 1 and Megha, which quoted 4.85 percent excess, was declared as lowest bidder 2.

Similarly, for Package II, which is estimated to cost Rs.1,126.85 crore, Megha quoted 3.95 percent excess than the tenders. It was shortlisted as the lowest bidder 1 and Raghava Constructions, which quoted 4.80 percent excess, was declared as lowest bidder 2. Generally, lowest bidder 1 is offered the contract.

Apart from his old videos with the ‘East India Company’ jibe being shared, netizens are also questioning this change of mind of Revanth Reddy towards contractors from Andhra Pradesh. Videos of Revanth Reddy alleging that contractors from AP were being offered different works in Telangana too are now in circulation. In one such video, Revanth Reddy is seen stressing that the Yadadri Temple’s architect Anand Sai was from AP, that Chinna Jeeyar Swamy was from AP and Hyderabad Metro Rail MD NVS Reddy was from Rajamundry, also in AP.