ADVERTISEMENTREMOVE AD
Members Only
lock close icon

Firm That Built Collapsed Uttarkashi Tunnel Bought Rs 55 Crore Electoral Bonds

Navayuga Engineering Co. that built the Uttarkashi tunnel, bought Rs 55 crore electoral bonds, data reveals

Published: 
story-hero-img
i
Aa
Aa
Small
Aa
Medium
Aa
Large

Before you read this, here's a personal appeal. If you like our journalism, support us by becoming a member. Your support will help us continue to tell stories that matter to you.

The electoral bonds data released by the Election Commission of India suggests that Navayuga Engineering Company Private Limited — the company that built the Silkyara Tunnel in Uttarkashi which collapsed on 12 November 2023 — had purchased electoral bonds worth at least Rs 55 crore.

Over 41 construction workers had then got stuck inside the collapsed tunnel, and their rescue had taken over 16 days.

As per the electoral bonds data, which the ECI uploaded on its website on 14 March after a Supreme Court order, the company bought electoral bonds worth Rs 45 crore in 2019, and bonds worth another Rs 10 crore in 2022.

Of this, they had bought the first sum of Rs 30 crore electoral bonds — in 30 individual bonds of Rs 10 crore denomination each — on 18 April 2019.

They had bought these 30 bonds worth Rs 1 crore each on 18 April 2019, shortly before the Lok Sabha Elections in May 2019.
Become a Member to unlock
  • Access to all paywalled content on site
  • Ad-free experience across The Quint
  • Listen to paywalled content
  • Early previews of our Special Projects
×
×