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ED raids uncover Rs 1,943 crore scam in Delhi Jal Borad’s STP project; Rs 41 lakh cash recovered

THE JHARKHAND STORY DESK   Advertisement New Delhi, July 5: The Enforcement Directorate (ED) is reported to have raided several places in…

ED raids uncover Rs 1,943 crore scam in Delhi Jal Borad’s STP project; Rs 41 lakh cash recovered

THE JHARKHAND STORY DESK

 

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New Delhi, July 5: The Enforcement Directorate (ED) is reported to have raided several places in Delhi, Ahmedabad, Mumbai and Hyderabad in connection with the Sewage Treatment Plant (STP) corruption case related to the Delhi Jal Board (DJB).

Based on the FIR filed by the Delhi Anti-Corruption Branch (ACB), the ED investigation has revealed a scam of Rs 1943 crore in the upgradation of 10 STPs in Delhi.

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Rs 41 lakh cash recovered in raid

In the ACB FIR, Eurotek Environmental Private Limited and others are accused of colluding to secure tenders at inflated rates, causing significant losses to the government treasury.

During the ED raid, ₹41 lakh in cash, incriminating documents, and digital evidence were found and seized.

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The raid uncovered four tenders valued at ₹1,943 crore that were awarded in October 2022 to three joint venture entities. The ED’s investigation revealed that these tenders were granted at inflated rates.

“The verification of the tender documents shows that the initial cost of four tenders was about Rs 1,546 crore which was revised to Rs 1,943 crore without following due process and project reports” ED stated.

Companies took tender sub-contracted work to another company

According to the ED, all the three joint ventures submitted the same experience certificate issued from a Taiwanese project to secure tenders which were accepted without any verification process.

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Apart from this, all three joint ventures sub-contracted the work to M/s Eurotech Environment Private Limited of Hyderabad.

The ED is investigating the role of Delhi Jal Board officials, joint ventures and M/s Eurotech Environment Private Limited in this alleged scam.

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