TSPHCL clocks Rs 220 crore turnover in 2017-18

Telangana State Police Housing Corporation Ltd (TSPHCL) has achieved a turnover of Rs 220 crore for financial year 2017-18, a 95 per cent increase over the previous year, its Chairman Damoder Koleti said today.

The Telangana government has made a total budget sanction of Rs 464.46 crore (including Plan budget sanction of Rs 424. 09 crore) to TSPHCL for current fiscal (2018-19), Damoder told reporters here.

TSPHCL's turnover during FY 2013-14, prior to bifurcation (from Andhra Pradesh State Police Housing Corporation), was Rs 285.65 crore.

The Corporation so far has taken up construction works pertaining to Police Academy, central prisons, 14 police battalion complexes each in an area of 100 acres and OCTOPUS (anti-terror organisation) Training Centres in 600 acres, he said.

With financial assistance from the Central government, it has also taken up construction of 30,000 police residential quarters, buildings of offices for DGP, Intelligence, CB-CID, ACB, DG-Prisons, CRPF and Centre for Good Governance, he said.

TSPHCL has taken up works on a model police station at an estimated cost of Rs 4.50 crore at Godavarikhani under Ramagundam Police Commissionerate limits, Damoder said.

The government sanctioned an amount of Rs 236.82 crore for construction of 103 Police Station Buildings (PSBs) in various districts under ten different schemes of which 35 works are completed and 68 works under progress.

The Telangana government sanctioned an amount of Rs 375 crore for construction of 13 District Police Offices (DPOs) and two Commissionerates comprising 90 component works in the newly formed districts, he added.