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SNC-Lavalin power scandal is one of the biggest financial scams that rocked Kerala, India. [1] The Comptroller and Auditor General of India [2]report indicted a CPI(M)-led government of the mid-1990s for a Rs 374.50 crore loss to the exchequer.[3] Pinarayi Vijayan has been figured in the 9th accused by charge sheet filed by the CBI. Later, the CBI moved to seek Government's consent to prosecute him. [4] [5] Three hydel power stations had to be upgraded, tenders were invited and was finalised to an Indian consortium and a Canadian MNC. The foreign company quoted Rs 2.42 crore per MW, the Indian consortium BHEL and L&T sought Rs 1.25 per MW. The contract went to the higher bidder, contrary to normal practice.

Video URL:
http://www.techsatish.com/video/735/KERALA-POLITICS-ELECTIONS--OOMMEN-CHANDY-RAMESH-CHENNITHALA-PINARAYI-VIJAYAN-V-S-ACHUTHANANDAN


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