The biggest donor to electoral trusts is not Ambani or Adani, but Megha. The Hyderabad-based company is one of the two owners of the TV9 network of channels, and has won big engineering and infrastructure contracts since it launched @TV9Bharatvarsh in 2019. @bsindia @ArchisMohan
‘TV9 Network’ co-owner Megha Engineering and Infrastructure Limited (MEIL), was the third highest corporate donor in 2020-21. It is the No.1 donor in 2022-23.
MEIL and its partner My Home also donated Rs 11 crore to the Ram Temple Trust in Ayodhya.
Megha engineering was awarded the zojilla tunnel work at a cost of >4500 crores in 2020 after financial collapse of earlier contractor IL&FS.
Other qualifying bidders were IRCON and L&T.
Was Megha engineering given favor in technical qualification stage by NHIDCL ?
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