THE CBI has arrested the executive director of Power Grid Corporation of India Ltd (PGCIL) and five officials of Tata Projects Ltd, including its executive vice president and assistant vice president, in a case of alleged bribery. The arrests were made following searches at 11 locations across the country, during which Rs 93 lakh was reportedly recovered from the residence of B S Jha, executive director of Power Grid Corporation of India, in Gurugram. Sources said some employees of Tata Projects were found to be offering bribe to Jha for granting favours. The Tata Projects’ officials who have been arrested are: Desh Raj Pathak, Executive VP and & Head (Transmission & Distribution); R N Singh, Assistant VP & Business Head (Distribution); Nafeej Hussain Khan, regional project manager; and employees Randheer Kumar Singh and Sandeep Kumar Dubey. “It was alleged that the public servant (Jha) in conspiracy with others was involved in extending favours to the said private company for various works viz. preparation of inflated bills, early clearing of bills, PVC (Price Variation Clause) etc. related to contracts of Power Grid Corporation of India Ltd., in lieu of demand and acceptance of illegal gratification. It was further alleged that the said company has bagged tenders, pertaining to a comprehensive scheme for Arunachal Pradesh and Sikkim, from Power Grid Corporation of India Ltd,” said a CBI spokesperson. CBI has booked Tata Projects Ltd in the case. PTI quoted a Tata Projects spokesperson as saying: “We adhere to strong norms in all our business transactions and have zero tolerance to any compromise on the same. We would extend our complete support to the relevant authorities.”
Related Articles
Breaking News
India, EU hold bilateral cluster meeting, discuss connectivity, IMEC, security
NEW DELHI (TIP): India and the EU held a bilateral cluster meeting in New Delhi on Friday, February 28, and discussions focused on connectivity, India Middle East Europe Economic Corridor (IMEC), green and clean energy, […]
Other News
Sania Mirza Wins US Open doubles title
Top seeds Martina Hingis and Sania Mirza beat Casey Dellacqua and Yaroslava Shvedova to win the U.S. Open doubles title on Sunday, September 13, 2015 and cap off a perfect visit to Flushing Meadows, New York. […]
Business & Economics
ADANI PORTS SIGNS MOU WITH BELGIAN PORT OF ZEEBRUGGE
MUMBAI (TIP): Adani Ports & SEZ Ltd (APSEZ), India’s largest private port developer, signed a memorandum of understanding (MoU) with the Belgian Port of Zeebrugge on November 27 to get access to European markets. “The […]

Be the first to comment