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Megha Engineering is primarily known for its EPC contracts in the oil and gas sector, including refinery construction, pipeline laying, and rig supply
Megha City Gas Distribution has decided to consolidate operations and has reportedly reached out to Indian Oil, Hindustan Petroleum, Bharat Petroleum and Indraprastha Gas among others
Eight officials of the NISP and NMDC and two officials of MECON were also named in the FIR for allegedly receiving bribe
REC also disclosed that the entire shareholding of Meerut Shamli Power Transmission Limited, comprising 50,000 equity shares, has been transferred to Megha Engineering & Infrastructures Limited.
Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) has emerged as the second-biggest buyer of electoral bonds worth Rs 966 crore, according to data released by the Election Commission of India (ECI) on Thursday.
Mamata Banerjee's TMC received more than half of its total donations from electoral bonds worth Rs 1,610 crore from Future Gaming and Hotel Services PR (Rs 544 crore) and Bengal-based Haldia Energy (Rs 281 crore).
MEIL's order book was a robust Rs 1.87 lakh crore as on September 2023. The company’s revenue in FY23 was Rs 25,837.7 crore, and EBITDA was Rs 3,338.1 crore
MEIL was the lowest bidder at Rs 7,464 crore for ‘Package 1’ which entails designing and construction of 5.75 kilometers from the Borivali side for the twin tunnel project. L&T’s bid for ‘Package 2’ was Rs 6,625 crore but it was rejected as the amount would have been higher to factor in the taxes, officials said.
The minister today visited the Zojila in theUnion Terriotary of Jammu & Kashmir and directed the authorities of Megha Engineering and Infrastructures, the company involved in the construction of the tunnel, to complete the tunnel before the 2024 parliamentary election.
While the 6.5-km Z-Morh tunnel is expected to be completed by next year, ahead of the target date of December 2023, the 14.15 km Zojila tunnel is also scheduled to be completed ahead of the target date of 2026, NHIDCL officials said.
Engineering company, Pratibha Industries Monday said it has won a contract for Rs 241.50 crore to construct pipelines for the Goa Water Supply and Sewerage Project.
