100 meters of travellator costs Rs 5 Crores. Is it made out of gold ?

100 meters of travellator costs Rs 5 Crores. Is it made out of gold ?

http://beta.thehindu.com/news/cities...icle392275.ece
CHENNAI, April 9, 2010

Airport expansion plan revised owing to funds crunch

A few facilities that were included in the mega project for development of the Chennai airport have now been kept in abeyance owing to paucity of funds.

A senior Airports Authority of India (AAI) official said installation of a travellator under the flyover, which was to come up in front of the terminal building, and information technology-related works inside the new terminal buildings had been put on hold.

The work on travellator connecting the international terminal to the domestic terminal and in the reverse direction was planned for nearly 1.5 km originally.

For installing 100 metres of travellator it would cost Rs.5 crore. By postponing the installation of the travellator, AAI could save up to Rs.150 crore, the officer said.

As for the IT-related works such as the installation of public address system, flight arrival departure information boards and a few other facilities, the AAI had cut costs to the tune of Rs.100 crore.

Will some one initiate a RTI, to find out from where the AAI got the quotation and whether proper tendering procedures were followed.

This corruption is going too far !

lolllllllllll
man atleast think before what u say.
what 150 crore for 100 mts oh man i will die laughing

Quote:

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Originally Posted by kammy

lolllllllllll
man atleast think before what u say.
what 150 crore for 100 mts oh man i will die laughing

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Read carefully..once more !
It is a recent article from The Hindu newspaper