HYDERABAD: AP Industrial Infrastructure Corporation former managing director BP Acharya has clarified that the allotment of land made for the petrol pump at Nanakramguda here during his tenure in APIIC was on merits as per the allotment norms.
Responding to the TDP’s allegations on allotting land to Bhuviteja Enterprises, Acharya, in a press release on Friday, said: “There were no irregularities in the matter during my tenure. Therefore, the allegations levelled against me in this regard are baseless and false.
“As per the IT Policy of the state, 40 per cent of the area in an IT Park layout can be used for common amenities such as petrol bunk, restaurant and bank. As a number of IT and financial professionals are working in the Financial District adjoining IT Parks, the need for a petrol pump was felt and needed to be considered by the APIIC.
As per allotment regulations of APIIC, there is no bar on allotting a plot to an individual entrepreneur or promoter of a company which is yet to be registered.
It is, therefore, not necessary that the allottee should be a registered company.
“The rate was fixed as per the prevailing approved rate and, to the best of my knowledge, the same norm was adopted for allotting petrol bunk at Nanakramguda and no undue favour was shown in this regard.
“After allotment, the allottee has to complete the project in two years and as per the information, a petrol station of Essar Co was set up on the land allotted. In case of any additions or modifications in the line of activity, necessary permission has to be obtained from APIIC.
Similarly, for any change in ownership or partnership, an NOC has to be obtained from APIIC. “For all buildings constructed on allotted land, the building plan needs to be approved by the Industrial Area Local Authorities (IALA) of APIIC or the local body concerned. APIIC IALA and the zonal office concerned are responsible for preventing any violations in this regard.’’