Bengaluru: Sugar, Textiles, and Agricultural Marketing Minister Shivanand Patil on Tuesday said an investigation is underway into the alleged misuse of Rs. 140 crore released by the previous government for the development of MySugars, reported The New Indian Express.
Responding to a question from MLC Madhu G Madegowda in the Legislative Council, Patil said the Congress government has taken steps to revive and improve the sugar factory after coming to power.
He said the cogeneration unit at MySugars was started after the Congress came to power. The unit generated 12.21 lakh units of electricity. The factory used 7.28 lakh units, 4.93 lakh units were supplied to CHESCOM for Rs 29.14 lakh at Rs 5.91 per unit. If all electricity generated is supplied to CHESCOM, the unit can earn Rs 9.48 crore.The administrative office of MySugars in Bengaluru had to clear pending property tax of Rs 6.50 crore. It cleared Rs 2.04 crore under the one time settlement scheme, saving Rs 4.50 crore, he said.
Patil further informed the Council that MySugars’ Bengaluru office had pending property tax dues of Rs. 6.50 crore. Under the one-time settlement scheme, the office cleared Rs. 2.04 crore, saving Rs. 4.50 crore.
He also revealed that MySugars owns 235.10 acres of land. A survey will soon be conducted to identify encroachments, which will be cleared accordingly.
