HYDERABAD: Megha Engineering & Infrastructures Ltd of Hyderabad (US), the most important electoral bond donor to BJP and BRS, and the second largest donor to Congressbegan small in 1989.
MEIL and its group firm, Western UP Energy Transmission Co. Ltd (WUPTL), collectively gave Rs 664 crore to BJP. WUPTL gave Rs 110 crore to Congress. MEIL gave Rs 195 crore to BRS. He’s additionally the second largest donor to TDP (Rs 28 crore) and YSRCP (Rs 37 crore).
Megha Group, as it’s popularly identified in Hyderabad, gave Rs 1,232 crore to political events between April 2019 and November 2023, instantly and thru related firms – Rs 966 crore from MEIL, Rs 220 crore from WUPTL, Rs 40 crore from SEPC Energy and Rs 6 crore from Evey Trans Pvt Ltd. As beforehand reported, it was the second largest EB purchaser after Santiago Martin's Future Gaming and related firms.
Megha began small in 1989. Pamireddy Pitchi Reddy, the son of a farmer from Krishna district in Andhra Pradesh, based the corporate, and his grandson, Puritipati Venkata Krishna Reddy, made it one of many largest firms in development and engineering of India.
It took Megha a decade to make a turnover of Rs 100 crore. However now it’s a Rs 40,000 crore turnover firm, an Indian MNC with footprints in over 20 international locations. Megha has constructed nationwide highways working greater than 700 km. It’s now constructing 40 highway initiatives overlaying 2,000 km throughout the nation.
MEIL and its group firm, Western UP Energy Transmission Co. Ltd (WUPTL), collectively gave Rs 664 crore to BJP. WUPTL gave Rs 110 crore to Congress. MEIL gave Rs 195 crore to BRS. He’s additionally the second largest donor to TDP (Rs 28 crore) and YSRCP (Rs 37 crore).
Megha Group, as it’s popularly identified in Hyderabad, gave Rs 1,232 crore to political events between April 2019 and November 2023, instantly and thru related firms – Rs 966 crore from MEIL, Rs 220 crore from WUPTL, Rs 40 crore from SEPC Energy and Rs 6 crore from Evey Trans Pvt Ltd. As beforehand reported, it was the second largest EB purchaser after Santiago Martin's Future Gaming and related firms.
Megha began small in 1989. Pamireddy Pitchi Reddy, the son of a farmer from Krishna district in Andhra Pradesh, based the corporate, and his grandson, Puritipati Venkata Krishna Reddy, made it one of many largest firms in development and engineering of India.
It took Megha a decade to make a turnover of Rs 100 crore. However now it’s a Rs 40,000 crore turnover firm, an Indian MNC with footprints in over 20 international locations. Megha has constructed nationwide highways working greater than 700 km. It’s now constructing 40 highway initiatives overlaying 2,000 km throughout the nation.
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