The CAG has named Union Minister Transport Minister Nitin Gadkari as one of the "promoters and/or directors" of Purti Sakhar Karkhana Ltd, a company that has violated the conditions of favourable grants, given to incentivize the production of renewable energy. CAG report tabled in Lok Sabha flagged non-compliance by Purti Sakhar Karkhana Limited (PSKL) — a bagasse based co-generation project of the Purti Group in which Union Minister of Road Transport and Highways Nitin Gadkari was once a board member. CAG audit found that the borrower did not comply with the conditions for interest subsidy that stipulated the renewable energy project was to operate for a minimum of 10 years after its completion.
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