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With all the juridical and administrative hurdles cleared, the Megha Engineering and Infrastructures Limited (MEIL) is gearing up to complete the Polavaram Project on a fast track mode. The company is planning and pooling all its resources to complete this prestigious national project within a two-year timeframe. MEIL has experience in completing the many complex projects in the country in the specified timeframe. Now, with extensive engineering expertise, it has begun the project works with jet speed. In the backdrop of a rich experience of completing the most complex Kaleshwaram Lift Irrigation Project (KLIP), now it has taken up another…
Megha Engineering and Infrastructure Limited (MEIL) a giant in Engineering and Infrastructure development sectors, also showing its mettle in social sector development. Apart from focusing on providing critical infrastructures like drinking water, roads and sanitation facilities, the company is also enabling for the improvement of education and medical infrastructure, primarily focusing on cancer affected people; It is also trying to feed lakhs of people under a program called Bhojanaamrutham. As part of corporate social responsibility, MEIL has adopted several villages in Telangana and Andhra Pradesh and providing a critical infrastructure in drinking water and health care sectors. It also provides…
Andhra Pradesh government saved Rs 62.1 crore in Veligonda tunnel-2 works and once again proved that the reverse tendering can rescue public money. The Meil group has secured the tender at 7 per cent less. The tender has bid for 3 per cent less and in reverse tendering bid it has gome down by for 4 per cent. The worth of the cancelled works is Rs 553.13 crore. Previous government has given the tender at excess 4.69 per cent and has given for Rs 553.13 crore. Now, by the reverse tendering process Meil company has secured the tender for Rs…
Recently there are charges that Megha Engineering company is absorbing the central government’s subsidy for electric buses. In fact, there are a total of 10,460 buses in the Telangana RTC. Out of them, it is only 8,320 of RTC’s own buses. The remaining 2140 buses are running on a lease basis. Of this, only 40 electric buses are run by Olectra Greentech, a subsidiary company of Megha Engineering. Of the total RTC buses, the Olectra buses share is only 0.48 per cent. Is it possible that, with these minimal number of buses, can Olectra earn crores of rupees profit? Interestingly,…
Chandrababu is known to use those who are with him as stepping stones to climb up the ladder. Once the leader’s utility is over, he is consigned to dust bin. In the runup to the Lok Sabha elections, he slammed Modi and used very unkind words to criticise him. The reason? He wanted to be friendly with the Congress.Now, he is trying to get back into the good books of Modi and the BJP. He wants to align with the BJP again. This has left the Congress shocked. But, the BJP is in no position to oblige Chandrababu. AP BJP…
It is now being proved beyond any speck of doubt that almost every wing of the AP Government was misused by the TDP government. There was massive embezzlement of funds even in the CM Relief Fund during Chandrababu Naidu’s regime. The details are truly shocking. As many as 22000 files are pending and thousands of beneficiaries have been given cheques that bounced off. The hospitals that treated these beneficiaries have to get hundreds of crores of rupees since 2017. As many as 8700 cheques have bounced. This in itself is a massive mystery. What more, select few MLAs got the…
The income tax department officials came to MEIL’s office for a routine inspection, which usually happens in regular intervals. These are not raids or search operations. Once in every two years Income Tax officials visit the office for a routine inspection and this has become a routine for the past 20 years. The inspection is limited to only the head office in Hyderabad, not all regional offices. MEIL have 17 regional offices across India. Since every corporate company generally pay advance taxes, the IT department needs some clarifications, the officials visited head office today and not anywhere in regional offices.…
It seems there’s no end to Ravi Prakash’s financial escapades. He has not just fleeced TV9 and its investors, but also he has also siphoned off funds in a big way. He has resorted to embezzlement even in Uganda and Kenya, if the recent revelations are believed. According to highly placed sources, Ravi Prakash resorted to large-scale irregularities even in buying the shares of Kampala City Cable Ltd of Uganda. Even in Uganda, he duped his business partners and has amassed lot of ill-gotten wealth.Here’s the big breaking news. It is now coming to light that he has taken over…
The noose, it is clear, is tightening around once-powerful media baron Ravi Prakash. Till recently he was the most powerful media player down south and built a massive media empire. He gave and took away jobs at will and rendered hundreds unemployed just because they dared to question him. But today, he is just Undertrial no. 4412, lodged in Chanchalguda prison. After making huge money and lived off a life of luxury, these jet setters are now finding themselves at the wrong end of the law. They are now finding that Enforcement Directorate and the CBI are registering cases for…
Is hero Shivaji opened another conspiracy theory? Is this a sequel to another Garuda Purana? Is Telugu Desam Party behind this latest conspiracy theory unveiling? As he always been loyal to TDP, with the Megha Engineering company came forward to take up the Polavaram Project, he came out the new series of conspiracy theories to defame the YS Jaganmohan Reddy government and MEIL. With these new allegations, does he take a new avatar and want to blackmail MEIL to give a booster to Chandrababu Naidu’s allegations? In the backdrop of political developments, he is suspected of a political conspiracy behind…
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