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Mangaluru | Pumpwell, Thokkottu flyovers will be ready by January 2019: NHAI

coastaldigest.com web desk
November 18, 2018

Mangaluru, Nov 18: In a fresh promise, the National Highways Authority of India (NHAI) has said that it would complete the speed up the flyover work at Pumpwell and Thokkottu and complete them in two months. 

Speaking to reporters after inspecting the ongoing works at Pumpwell on Sunday, Nalin Kumar Kateel, MP, said the NHAI and the concessionaire of the project Navyug Udupi Tollway Pvt. Ltd. have assured that the flyover work would be completed by the end of January. Another flyover at Thokkottu would be completed by the end of next month and traffic would be allowed on it from February.

Z. Samson Vijay Kumar, Project Director, NHAI, Mangaluru, said that an underpass for light motor vehicles and pedestrians would come up at Ujjodi near Mahakali temple. As pre-cast concrete boxes would be fixed at the underpass, the project at Pumpwell would not be delayed beyond February, he added.

Mr. Kateel said that though the flyover at Pumpwell had been sanctioned in 2010, in reality the project took off in 2016. It was delayed due to four factors. The Mangaluru City Corporation delayed changing the design of the project in view of its bus stand project planned in front of Karnataka Bank Headquarters at Pumpwell. There was delay by the State government in getting land for the project and demolishing buildings in acquiring land for the same. Also, the concessionaire ran out of money.

The MP said that there was no need for the Congress to rake up the flyover issue politically. It should instead introspect on why the new bridge project across the Netravati at Panemangalore took 14 years to complete and why the United Progressive Alliance (UPA) government took 13 years to complete the B.C. Road-Mukka Highway four-lane project, he added.

Meanwhile, Deputy Commissioner Sasikanth Senthil S. on Saturday sought the weekly progress report from the NHAI on the Pumpwell and Thokkottu flyover projects.

He told the District Development Coordination and Monitoring Committee meeting that the NHAI had been misguiding meetings over the progress of the projects. Mr. Senthil said the real problem was with the NHAI and not the concessionaire. The NHAI is bound to get the projects done fast.

Comments

abdullah
 - 
Monday, 19 Nov 2018

Wow nalin woke up from sleep!!!!

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coastaldigest.com news network
May 31,2020

Udupi, May 31: As many as 10 people have been tested positive for coronavirus in Udupi district today. 

The district has registered a total of 187 positive cases so far. Majority of the positive cases in Udupi district have inter-state travel history to Maharashtra.

Meanwhile, 14 people including three children who recovered from COVID -19 discharged from Government Hospital in Kundapura, in Udupi district.

Kundapura AC Raju, DHO Dr Sudhirchandra Sooda, taluk medical officer Dr Nagabhushan Udupa handed over a rose to all the discharged. With this, a total of 64 persons have been recovered and discharged in the district.

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coastaldigest.com news network
June 18,2020

Mangaluru Jun 18: Dakshina Kannada on Thursday, June 18, reported 23 fresh covid-19 cases, taking the total number of the cases detected in the district to 401.  

Among the 23 corona-positive patients, there are 21 males and two females. 

21 are Saudi returnees, while the other two have contracted infection from P-6618.

No cases were reported in Udupi district on Thursday.

The total number of cases in Udupi is 1,039, with only 92 cases being currently active. As many as 946 patients including 38 on Thursday who recovered have been discharged from hospital.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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