Drop The Idea of Polavaram Re-Tendering: Polavaram Project AuthorityHours before the State Government calling for Reverse Tendering of Polavaram Project, Polavaram Project Authority (PPA) has written to the State Government to withdraw its idea of Pre-Closure and Re-Tendering as they warn that it will lead to several unexpected consequences.

The PPA opined that there is no need for the cancellation of the tenders and calling for Re-tenders. The PPA said that this step will lead to cost escalation and will also delay the project construction. The PPA already confirmed that the Central Government will not bear the cost escalation if any.

The State Government had decided a date for the re-tenders even before the PPA submitted the report of their meeting with the State Officials. The PPA asked the State Government to at least hold the process until they submit the report and the central government takes a decision on it.

After receiving the letter on late Friday evening, the officials have appraised Chief Minister YS Jagan Mohan Reddy who is in the United States about it. There is no update about what the government has decided until the time this article is written.