Megha Engineering, Firm That Donated Rs 1,186 Crore Through Electoral Bonds
NDTV
Megha Engineering and Infrastructures Ltd. (MEIL) has a diverse portfolio that ranges from all-weather tunnels to high-speed rail infrastructure.
Megha Engineering has gone viral on social media since the Election Commission revealed that the company was among the biggest donors to political parties in the last 5 years. Data released by the poll panel showed that the company donated Rs 966 crore through electoral bonds between April 12, 2019, and January 24, 2024.
A subsidiary of the firm, Western UP Power Transmission Co Ltd, also bought electoral bonds worth Rs 220 crores in this period.
Electoral bonds, which allowed individuals and businesses to donate money to political parties without declaring it, were struck down by the Supreme Court last month. The court ruled the scheme as unconstitutional and said that it could lead to a possible quid pro quo.
