Hyderabad Road Development Corporation Ltd

Hyderabad, India

A corporation responsible for the development and maintenance of roads in Hyderabad, aimed at improving urban infrastructure and connectivity within the city.

CCI Score

-57.97

June 30

Latest Event

Probe Demanded Over ₹1500 Crore Unaccounted Road Works

The Forum for Good Governance (FGG) has demanded an investigation into the management of a ₹1500 crore loan by Hyderabad Road Development Corporation Ltd. The allegations point to a lack of transparency and accountability, with the massive loan not reflected in the official budgets, raising concerns of corruption and mismanagement in the road construction projects.

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QUISLING

Hyderabad Road Development Corporation Ltd is currently rated as a Quisling.

-44 to -59 CCI Score

These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

JUL

27

2024

Probe Demanded Over ₹1500 Crore Unaccounted Road Works
-45.57

The Forum for Good Governance (FGG) has demanded an investigation into the management of a ₹1500 crore loan by Hyderabad Road Development Corporation Ltd. The allegations point to a lack of transparency and accountability, with the massive loan not reflected in the official budgets, raising concerns of corruption and mismanagement in the road construction projects.
-50

Business Practices and Ethical Responsibility

June 30

The article highlights serious concerns over HRDCL's opaque financial management. The failure to include a ₹1500 crore loan for road works in government budgets and the grouping of work packages to benefit certain contractors reflect unethical business practices. This lack of transparency undermines accountability and public trust, potentially enabling corruption within a critical infrastructure project.

FGG demands probe into ₹1.5k cr road works in city
JUL

27

2024

Probe Demanded into HRDCL Tender Process Allegations
-72.91

The Forum for Good Governance (FGG) has called for an investigation into HRDCL, alleging that the tender process for Rs 1,500 crore in roadworks was manipulated to favor certain contractors, raising issues of opacity and potential corruption.
-80

Business Practices and Ethical Responsibility

June 30

The allegations that HRDCL manipulated its tender process to benefit specific contractors and hid significant financial details reflect unethical business practices. This lack of transparency undermines public trust and encourages favoritism, aligning with concerns of cronyism and corrupt practices.

Hyderabad: Probe demanded into road development corp functioning
JUL

10

2024

FGG Calls for Suspension of HRDCL's GO 296 Amid Corruption Allegations
-55.43

Forum for Good Governance (FGG) has called on Telangana's Chief Minister to suspend HRDCL's Government Order 296, alleging corruption, nepotism, and a lack of transparency in the awarding of contracts and management of large loans for road development projects in Hyderabad. The appeal highlights concerns over the grouping of projects into packages tailored to benefit favored contractors, raising questions about ethical business practices and structural economic influence.
-70

Business Practices and Ethical Responsibility

June 30

The allegations of corruption, lack of transparency, and nepotism in HRDCL's operations indicate severe shortcomings in ethical business practices. Such practices undermine public trust and accountability in corporations responsible for crucial civic infrastructure.

FGG urges suspension of HRDCL’s GO 296, demands inquiry into alleged corruption
-50

Economic and Structural Influence

June 30

The report of selectively grouped contract packages and undisclosed loan figures suggests manipulative economic practices. These actions facilitate economic influence that can undermine transparent and fair public spending.

FGG urges suspension of HRDCL’s GO 296, demands inquiry into alleged corruption