Sunday, December 8, 2024
HomeHyderabadHMDA issues legal notice to Revanth Reddy over ORR lease issue

HMDA issues legal notice to Revanth Reddy over ORR lease issue

According to the latest reports, the Hyderabad Metropolitan Development Authority (HMDA) has issued Malkajgiri MP and TPCC chief A Revanth Reddy a legal notice demanding an unconditional public apology within 48 hours for his reported “false and defamatory statements on the Outer Ring Road (ORR) lease” and asking that he refrain from making similar baseless and disparaging remarks in the future.

The HMDA stated in the notice that the effort to monetize the ORR through the Toll-Operate-Transfer model and generate revenues similar to the NHAI was done in a fair, lawful, and transparent manner, and IRB Infrastructure Developers Limited was the successful bidder, accusing Revanth Reddy of making ‘false’ and ‘sweeping’ allegations through press conferences.

The HMDA elaborated that neither the RFP nor the Tender/Bid document include any obligation that the selected bidder, IRB Infrastructure Developers Limited, make any advance payments prior to the contract’s conclusion.

“It is amply clear that allegations with respect to non-payment of the fee are pre-mature and in fact pre-meditated only to malign our clients with an intention to raise the false alarm within the general public,” the legal notice said.

According to the HMDA notification, the concessionaire made no requests for time extensions, and no such extensions were granted. Revanth Reddy’s comments were “patently false and clearly reek of malice.”

“The present tender is floated on a TOT basis for operation and maintenance of the ORR for a particular period of time and at no point does the tender seeks to transfer the ownership of any of the assets pertaining to the ORR,” the statement added.

The legal notice said that Revanth Reddy’s failure to offer an unconditional apology in public within 48 hours of receiving the notice, as well as cease and desist from actions to ‘defame the HMDA with false remarks and statements’, would result in appropriate legal actions under both civil and criminal laws.

 

 

 

 

 

 

(This story is sourced from a third-party syndicated feed. Raavi Media takes no responsibility or liability of any nature. Raavi Media management/ythisnews.com can alter or delete the content without notice for any reason.)