Megha Engineering starts Its full-fledged works of Polavaram project
It is a well-known fact that India's biggest construction company and infrastructure major Megha Engineering and Infrastructures Limited (MEIL) has bagged another prestigious and national project Polavaram Project for Rs. 4358 crores in a reverse tendering process initiated by Andhra Pradesh state government. As all the judicial and administrative decks are cleared, the company has entered an agreement with the state government and began works on 2nd November.
Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy cancelled the previous contracts and gone to reverse tendering for Polavaram headworks and hydropower station. In this process, MEIL came forward to take up the works with a 12.6 per cent less amount, i.e., Rs. 4358 crores. With this, the state government saved Rs. 628 crores to the exchequer. The state government invited the bid for Rs. 4987 crores. MEIL is the sole bidder for the project for Rs. 4358 crores in reverse tendering process.
The Polavaram Project is proposed to supply the irrigation water for 7.2 lakh acres, 960 hydropower generation and lifting 80TMC of water to the Prakasam Barrage on Krishna river. It also aimed to provide 23.44 TMC of drinking water to Visakhapatnam. The project will solve the drinking water problem in 540 villages adjacent to the Polavaram Project.
Soon after signing the agreement with AP state government MEIL began the works at the site after a traditional pooja ceremony. MEIL has already begun the survey, mobilised the resources, especially engineering staff and machines. Since the flood is almost receded, the works are going on at a brisk pace. MEIL is gearing up to complete the Polavaram Project on a jet speed. The company is committed to fulfilling the dreams and benefits of people of the Andhra Pradesh state.
The Chief Minister YS Jagan Mohan Reddy is particular about the completion of the Kaleshwaram project on a war footing in Telangana. As the Polavaram project works went at a snail pace in the past, the chief minister cancelled all the contracts and called for fresh tenders. He is ambitious about completing the project in two years. The project is intended to stabilising the ayacut and water supply for two crops in a year.
The company wants to begin the main reservoir works, and the hydropower station works simultaneously. Initially, the MEIL initiated the works at the spillway. Although there were some main reservoir works undertaken, the hydropower station works did not take off. The hydropower station works are at the beginning stage only. In 2005, then chief minister YS Rajasekhar Reddy awarded the headworks, right and left canal works as package wise. He was able to get all the required clearances for the project.