‘Ramesh Jarkiholi involved in Rs 600 cr scam’: Cong releases documents

News Network

May 4, 2022

Mysuru, May 4: KPCC spokesperson M Lakshman on Tuesday alleged that BJP MLA and former minister Ramesh Jarkiholi is involved in a Rs 600 crore scam. Showing documents to the media, he alleged that Jarkiholi, who runs Soubhagyalakshmi Sugars Ltd, raised Rs 366 crore loans from 15 apex banks, Rs 20 crore each from Union Bank and Hariyan Cooperative Society.

“He had not repaid a single paisa of the loans, and in April 2017, the company was declared a non-performing asset (NPA). A notice was issued to seize the company’s property, but Jarkiholi approached the Dharwad court to bring in a stay. The court instructed him to pay 50 per cent of the loan amount within six weeks, while passing an interim order in 2019,” he said.

Though apex bank president and BJP leader Belli Prakash wrote to the Belagavi deputy commissioner to seize the property of Soubhagyalaxmi Sugars, no action was taken, Lakshman alleged. The Hariyan Cooperative Society, run by Abhinandan Patil — a close confidant of Jarkiholi, approached the National Company Law tribunal (NCLT) and got an insolvency resolution process (IRC) order to get the company auctioned.

“The company, which owns over 1,000 acres of land, has undervalued the property, while it is worth over Rs 850 crore. This is a systematic scam of Rs 610 crore. Jarkiholi is a willful defaulter, but still no action has been taken against him,” he added. Congress will sensitise people by holding press meets and protests across all districts to spread awareness on corrupt practices of BJP leaders.

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Why Mangaluru Could Become India’s Next Offshore Wind Energy Hub

News Network

February 3,2026

Dakshina Kannada MP Capt Brijesh Chowta has urged the Centre to give high priority to offshore wind energy generation along the Mangaluru coast, citing its strategic importance to India’s green energy and port-led development goals.

Raising the issue in the Lok Sabha under Rule 377, Chowta said studies by the National Institute of Oceanography have identified the Mangaluru coastline as part of India’s promising offshore wind ‘Zone-2’, covering nearly 6,490 sq km. He noted that the region’s relatively low exposure to cyclones and earthquakes makes it suitable for long-term offshore wind projects and called for its development as a dedicated offshore wind energy zone.

Highlighting the role of New Mangalore Port, Chowta said its modern infrastructure, multiple berths and heavy cargo-handling capacity position it well as a logistics hub for transporting and assembling large wind energy equipment.

He also pointed to the presence of major industrial units such as MRPL, OMPL, UPCL and the Mangaluru SEZ, which could serve as direct buyers of green power through power purchase agreements, improving project viability and speeding up execution.

With Karnataka’s peak power demand crossing 18,000 MW in early 2025, Chowta stressed the need to diversify renewable energy sources. He added that offshore wind projects in the Arabian Sea are strategically safer compared to the cyclone-prone Bay of Bengal.

Calling the project vital to India’s target of 500 GW of renewable energy by 2030, Chowta urged the Ministry of New and Renewable Energy to initiate resource assessments, pilot projects and stakeholder consultations at the earliest.

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