"Alleging favouritism of any kind is a mischievous ploy to muddy the waters...," Adani group responds to TDR controversy
Adani Group on Saturday responded to reports that alleged unfair bidding process of the Dharavi Redevelopment Project. The report highlighted that the Maharashtra government has issued a notification that allows the use of Transfer of Development Rights (TDR) without an indexation. The project spokesperson of Dharavi Redevelopment Project said the baseless and malicious allegations of 'tweaking' and amendments to suit selected bidders’ do not do justice to the regulatory transparency of the process.
In a statement, the group clarified that the generation of TDR within the Dharavi Notified Area (DNA) was permitted since the Government Resolution (GR) of 2018. It was further modified in the GR of 2022.
«It is unfortunate that some people are attempting to manufacture a controversy around TDR generation from the Dharavi Redevelopment Project (DRP). We believe this is being done at the deliberate behest of certain vested interests who hope to derail or, at least delay, the long cherished dreams of Dharavi’s people for a better future,» the spokesperson said.
Further it clarified on the transparency of the bidding process and said that the issuance and modification of the resolution in 2018 and 2022 respectively occurred before the issuance of another tender in 2022, which was won through open and fair competition.
«In the present, all that the government is doing is currently notifying this as a due process,» the spokesperson clarified.
«In fact, the GR issued before the onset of the 2018 tendering process had a provision for the sale of TDR generated from the DRP across Mumbai.
