Andhra Pradesh chief minister Y S Rajasekhara Reddy indicated on Monday that the state government was reviewing its options about projects given to Maytas in the state,even as he denied allegations of irregularities in awarding the Hyderabad metro rail project. Maytas has got irrigation projects worth Rs 5,900 crore in the state,out of which it has completed projects worth Rs 1,790 crore. My government is worried whether Maytas will be able to complete the projects. We are evaluating it. If the government comes to a conclusion that Maytas will not be able to complete the project,we will cancel the contract and look for alternatives, Reddy said. He justified the awarding of Hyderabad metro rail project to Maytas saying that there was international bidding and five major international consortia had participated in it. The Maytas-led consortium made the best bid and there was total transparency in bidding.
Written by Express News Service | New Delhi | Published: January 20, 2009 1:03:18 am