Smart Meters: Another scam in MeECL!
SHILLONG, Sep 8: The USD 132.8 million ADB-funded smart meters project turns out to be yet another scam in the Meghalaya Energy Corporation Limited (MeECL).
In this episode the dramatis personae and the modus operandi are the same as the Saubhagya scheme which is under a judicial probe.
Documents in possession of The Shillong Times reveal that Satnam Global Infraprojects Limited is the primary beneficiary of the project that barely got implemented before hefty payments were released with direct connivance of some top brass of the Corporation.
Documents reveal that the Delhi-based firm managed to get Chief Engineer (Projects) of Meghalaya Power Distribution Corporation Limited (MePDCL), SB Umdor to issue a fake completion certificate for installation of 25,000 smart meters in Meghalaya, when in fact the Asian Development Bank which is financing the project through a USD 132.8 million loan, in a damning report has come down heavily on…