Fix liability for loss in electrification contracts: Parl panel to Railways

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Fix liability for loss in electrification contracts: Parl panel to Railways - Business Standard

Quick Summary:

A parliamentary committee has directed the Railway Ministry to fix responsibility of officers for a financial loss of Rs 9 crore in electrification work contracts in the South East Central Railway Zone in 2017-18.

However, the audit report found that the prerequisite civil works were not ready before awarding the contract because of a lack of coordination between the civil and electrical departments of the SECR, leading to inefficiencies and financial losses.

The matter pertained to the execution of Overhead Equipment (OHE) work in the SCR zone, for which two contracts were awarded worth Rs 35.36 crore in 2017-18.