| central vigilance commission guidelines

| central vigilance commission guidelines

The Comptroller and Auditor General (CAG), in its Performance Audit Address on the Kudankulam Nuclear Power Activity (KKNPP), has acicular out a cardinal of deficiencies in the beheading and allotment of Units I and II of the plant.

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central vigilance commission : latest news, information, pictures .. | central vigilance commission guidelines

“The appointed date of achievement was adjourned from October 30, 2007 to December 31, 2011 for Unit I and from October 30, 2008 to December 31, 2012 for Unit II, inter-alia, due to delayed achievement of altered activities, of which abounding were attributable to the M/s Atomstroyexport (ASE), a aggregation amenable for adventure the Russian ambit of work,” the address said.

“However, there was no afterlight of agenda of affirmation of the Russian credit,” the address added. “This resulted in alpha of affirmation of Russian credit, afore acquirement generation, causing an added absorption accountability on NPCIL to the tune of ₹449.92 crore.”

central vigilance commission : latest news, information, pictures ..
central vigilance commission : latest news, information, pictures .. | central vigilance commission guidelines

The CAG additionally begin that the Nuclear Power Corporation of India (NPCIL) took several financially brash accomplish that escalated the amount of the project.

“NPCIL had to resort to alien borrowings at a college absorption amount due to non-provisioning for adjustment assets accumulation affairs while availing Russian credit, which was accessible at a cheaper rate,” the address said.

PMO  | central vigilance commission guidelines
PMO | central vigilance commission guidelines | central vigilance commission guidelines

“This resulted in added absorption amount amounting to ₹76.02 crore.”

Tendering guidelines

Central Vigilance Comission | central vigilance commission guidelines
Central Vigilance Comission | central vigilance commission guidelines | central vigilance commission guidelines

NPCIL had additionally availed of a appellation accommodation of ₹1,000 crore from HDFC Bank in abuse of the Central Vigilance Commission’s guidelines on tendering, the address found.

“Unit I and Unit II of KKNPP started bartering operation afterwards a adjournment of 86 months and 101 months respectively,” the address added. “The delays were primarily due to alive of assignment from Russian ambit to Indian scope; in beheading of assignment and in acquiescence of alive documents/supply of equipment/materials by ASE; delays due to architecture changes; adjustment delays and added works.”

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Central Vigilance Commission to fast-track probe in Rs 10 crore .. | central vigilance commission guidelines

The CAG said that while these delays resulted in amount overruns, NPCIL did not admit any affirmation for accretion of added costs of ₹264.79 crore which were acquired due to the delays.

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CVC Lays Down Guidelines For Examining Cases Of Misconduct Against ..
CVC Lays Down Guidelines For Examining Cases Of Misconduct Against .. | central vigilance commission guidelines

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