IL&FS Engineering Services Emerges Lowest Bidder for Rural Electrification
IL&FS Engineering Services Emerges Lowest Bidder for Rural Electrification and Integrated Power Development Works Worth Rs. 677.8 Cr in West Bengal
New Delhi : IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has emerged as the Lowest Bidder for two Rural Electrification (RE) Works and additional two Integrated Power Development Works (IPDS) of West Bengal State Electricity Distribution Company Limited (WBSEDCL), Kolkata worth Rs. 677.8 Crores. Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY)–RE contracts are being funded by Rural Electrification Corporation (REC), and IPDS contracts are being funded by Power Financial Corporation (PFC).
Following are the Projects:
A) For RE Works Under DDUGJY
- Package No. 2 for 24 Paraganas North Bidhannagar & 24 Paraganas South. Contract value is Rs.179.7 Crores
- Package No. 7 for Paschim Medinipur. Contract value is Rs.176.3 Crores
B) For Urban Areas Under IPDS
- Package No. 6 for Purba Medinipur. Contract value is Rs.162.2 Crores
- Package No.10 for 24 Parganas South. Contract value is Rs.159.6 Crores
Total value of the above four Contracts is Rs.677.8 Crores and completion schedule of works is 24 months.
IL&FS Engineering Services is already working in 24 Paraganas South and North for RE works for WBSEDCL worth around Rs.657 Crores, and has electrified more than 2500 villages in these areas. Also, IL&FS Engineering Services has completed works for RE in West Midnapore in 2015 for 2460 villages.
M6.0 – NEAR ISLANDS, ALEUTIAN ISLANDS, ALASKA
| Magnitude | 6.0 |
| Date-Time |
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| Location | 52.244N 174.201E |
| Depth | 26 km |
| Distances |
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| Location Uncertainty | Horizontal: 6.8 km; Vertical 1.5 km |
IDS $100b Money Laundering SCAM And Mahesh Shah Case
December03, 2016 (C) Ravinder Singh progressindia2015@gmail.com
It was curious case of Mahesh Shah who disclosed undeclared wealth of
Rs.13,680 Cr and then vanished.
Rs.13,680 Cr and then vanished.
I was puzzled by the Curious Case of Mahesh Shah and wanted to figure
out the entire scam.
out the entire scam.
In the absence any document – I decided to look for Clues in The
Income Declaration Scheme 2016 itself.
Income Declaration Scheme 2016 itself.
Grand Mischief a Chartered Accountant could figure out Instantly is that-
The Scheme is to ‘Settle Accounts’ for ‘Not Declared Income Correctly
in Earlier Years’ – Makes it Money Laundering Prog.
in Earlier Years’ – Makes it Money Laundering Prog.
Instead of Undeclared Wealth On May31, 2016 – Declaring Income Over
say last 20 Years Has – $100b to $5 Trillion Gap.
Rs.65,000 Cr Under IDS – Could Be Rs.6,50,000 Cr or $100b
say last 20 Years Has – $100b to $5 Trillion Gap.
Rs.65,000 Cr Under IDS – Could Be Rs.6,50,000 Cr or $100b
A Politician or Businessman With Insider Information – Like Say GIFT
Project and Buys Barren Land Near it for Rs.5Lakh/Acre – Is Worth Say
Rs.500 Lakh/Acre – Could Manipulate >>
Project and Buys Barren Land Near it for Rs.5Lakh/Acre – Is Worth Say
Rs.500 Lakh/Acre – Could Manipulate >>
Rs.400 Land Deal – Pay Rs.5 Today – Rs.395 in Upto 12 Yrs.
JUDGMENT Norman Macleod, C.J. https://indiankanoon.org/doc/140704/
1. The plaintiff sold the suit property to the defendant on the 16th
March 1906, continuing to remain in possession as tenant. On the 13th
August 1906, the defendant executed in his favour a satekhat to sell
the property to him at any time within twelve years for Rs.395, Rs.5
being paid as earnest money. The plaintiff filed a suit in 1911
claiming to redeem the property on the ground that the document of the
16th March was a mortgage, seeking the protection afforded by Section
10A of the Dekkhan Agriculturists’ Relief Act. That suit was
dismissed. Before twelve years had expired the plaintiff sued again to
recover the property on payment of Rs.395.
JUDGMENT Norman Macleod, C.J. https://indiankanoon.org/doc/140704/
1. The plaintiff sold the suit property to the defendant on the 16th
March 1906, continuing to remain in possession as tenant. On the 13th
August 1906, the defendant executed in his favour a satekhat to sell
the property to him at any time within twelve years for Rs.395, Rs.5
being paid as earnest money. The plaintiff filed a suit in 1911
claiming to redeem the property on the ground that the document of the
16th March was a mortgage, seeking the protection afforded by Section
10A of the Dekkhan Agriculturists’ Relief Act. That suit was
dismissed. Before twelve years had expired the plaintiff sued again to
recover the property on payment of Rs.395.
>> Such Loopholes Could Be Handy in Money Laundering
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9871056471,
9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power,
Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing,
Technologies and Projects
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9871056471,
9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power,
Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing,
Technologies and Projects
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