Published On : Sun, Mar 17th, 2024
By Nagpur Today Nagpur News

Nagpur connection with Megha Engineering which purchased Rs 1,200 cr electoral bonds emerges

Advertisement

Nagpur: In a significant revelation, a direct connection between Nagpur and Megha Engineering, which purchased electoral bonds worth Rs 1,200 crore, has surfaced. The Election Commission of India (ECI) recently released data disclosing the entities that acquired electoral bonds for political donations, in adherence to a Supreme Court directive.

The data unveiled by the ECI on its official website unveiled Megha Engineering and Infrastructures Limited (MEIL) as one of the leading contributors.

Today’s Rate
Saturday 23 Nov. 2024
Gold 24 KT 77,700 /-
Gold 22 KT 72,300 /-
Silver / Kg 90,900/-
Platinum 44,000 /-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above

The Nagpur connection with Megha Engineering extends to its involvement in the construction of a segment of the Nagpur-Mumbai Samruddhi Mahamarg, specifically Package-1 from Nagpur to Wardha. However, MEIL garnered headlines due to a mishap on this route, where parts of a wildlife overpass collapsed on April 25, 2022.

The Phase-I inauguration of the 210km Samruddhi Mahamarg, slated from Nagpur to Shelu Bazaar (Washim), faced delays following the overpass incident at Waiphal. This controversy stirred backlash from wildlife activists and caused a setback in the commissioning of the Expressway.

Further solidifying the Nagpur-Megha Engineering link, MEIL secured Package-IX (Aurangabad) of the Samruddhi Mahamarg project.

Additionally, Olectra Greentech and Evey Trans consortium, subsidiaries of Megha Engineering and Infrastructures Ltd, supplied electric buses to the Nagpur Municipal Corporation (NMC) for its Aapli Bus service.

MEIL, headquartered in Telangana and established in 1989, has been a prominent industrial conglomerate. It made its first political donation in April 2019, with the latest recorded contribution in October 2023.

The revelation of Nagpur’s connection with Megha Engineering in the electoral bond controversy raises questions about the intersection of politics, infrastructure projects, and corporate donations. This development may prompt further scrutiny from regulatory bodies and public interest groups.

Advertisement