Latest news with #Rs.350
Time of India
4 days ago
- Politics
- Time of India
BCY chief alleges Rs 350 crore kickback in TDP's support to Shirdi Sai Electricals' Nellore solar project
TIRUPATI: Bharatha Chaitanya Yuvajana (BCY) Founder President Bode Ramachandra Yadav accused the TDP govt of pledging support to the Kadapa-based Shirdi Sai Electricals-backed Indo Solar project for kickbacks involving hundreds of crores of rupees. Ramachandra Yadav levelled serious allegations against the ruling disposition during his visit to Karivedu village in Nellore district. The BCY chief recalled that when the TDP was in the opposition, TDP National President Nara Chandrababu Naidu and several other prominent leaders, including Somireddy Chandramohan Reddy, labelled Shirdi Sai Electricals as a benami company of the then chief minister YS Jaganmohan Reddy. They alleged that the erstwhile YSRCP govt resorted to widespread corruption by pledging support to the Shirdi Sai Electricals group. 'The TDP leaders also vowed to expose this unholy nexus coupled with corruption and initiate legal proceedings against Shirdi Sai Electricals once the TDP comes to power in the state. However, the TDP received Rs 40 crore in the form of electoral bonds in January last year. After they came to power in the state in June 2024, instead of initiating legal proceedings, the TDP govt also pledged support to the Shirdi Sai Electrical group and allegedly earned Rs.350 cr in the form of kickbacks to alienate approximately 8,300 acres of land in Nellore district,' Bode Ramachandra Yadav alleged. The BCY chief slammed the govt for pushing the farmers into dire straits by handing over lush green farmlands to companies in the name of projects. He alleged that in Karivedu village, Ulavapadu mandal, Kandukur constituency, Nellore district, the Indo Solar project is forcibly and tyrannically taking 8,300 acres of land from farmers with the support of the TDP govt. He assured the farmers and villagers that the BCY party would fight for them and demanded the TDP govt initiate measures for returning all the forcibly acquired lands from the farmers within 10 days. Failing this, the BCY plans to take up massive protests in support of the farmers.
Time of India
18-05-2025
- Business
- Time of India
Bengaluru–Tumakuru Metro clears feasibility stage
Feasibility study metro corridor BMRCL Bengaluru-Tumakuru metro A suburban rail line to Tumakuru costs around Rs.100–150 crore per kilometre, while a metro line costs nearly Rs.350 crore per kilometre PC Mohan, Bengaluru Central MP The long-awaited metro rail project connecting Bengaluru and Tumakuru has seen a headway. The feasibility study for the 56.6 kmhas been completed and submitted by a private agency to the, which in turn has forwarded the report to the state proposed metro line will feature 25 elevated stations along the route. Sources reveal that the corridor will begin at the Madavara station on the existing Green Line near the Bengaluru International Exhibition Centre (BIEC) and extend up to Shira pass through key locations including Madavara, Makali, Dasanapura, Nelamangala, Weaver Colony, Nelamangala Vishwaeshwarapura, Nelamangala Tollgate, Budihal, T Begur, Tippagondanahalli, Kulavanhalli, Mahimapura, Billanakote, Sompura Industrial Area, Dabaspet, Nallayanpalya, Chikkahalli, Hirehalli Industrial Area, Panditanahalli, Kyatsandra Bypass, Kyatsandra, SIT, Tumakuru Bus Station, TUDA Layout, and Nagannapalya, before terminating at Shira Gate. This route is expected to greatly benefit the numerous commuters who travel along the busy Tumakuru Road corridor BMRCL submitted the feasibility report to the state government, which is anticipated to grant the green signal soon. Following state approval, the project will require final clearance from the central government before construction can commence.'A suburban rail line to Tumakuru costs around `100–150 crore per kilometre, while a metro line costs nearly `350 crore per kilometre,' said Bengaluru Central MP PC Mohan, criticising the proposal. 'This isn't about improving connectivity—it's about inflating real estate values by `1,000 crore. The State Government seems more interested in real estate windfalls than in genuine public transport solutions. Instead of building what's truly needed, they risk derailing the suburban rail project altogether.
