Megha Engineering, the company that spent over ₹1,200 crore on electoral bonds, began life as a small pipe-maker in Hyderabad
Between April 2019 and November 2023, Hyderabad-based Megha Engineering & Infrastructures Limited shelled out ₹1,232 crore — some of it directly and some through its associated companies. MEIL spent ₹966 crore, while its offshoots Western UP Power Transmission Co Ltd, SEPC Power, and Evey Trans Pvt Ltd spent ₹220 crore, ₹40 crore, and ₹6 crore, respectively.
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