Latest news with #MeghaEngineeringInfrastructureLtd


India Today
12-07-2025
- Business
- India Today
Megha Engineering fined Rs 94.6 crore for illegal mining in Maharashtra's Jalna
Hyderabad-based Megha Engineering Infrastructure Ltd has been fined Rs 94.68 crore for illegal excavation of minor minerals during road construction in Maharashtra's Jalna district, Maharashtra Revenue Minister Chandrashekhar Bawankule informed the legislative assembly on violations occurred along the Shegaon and Pandharpur pilgrimage routes, prompting multiple penalty orders - Rs 38.70 crore by the additional district collector of Jalna and Rs 55.98 crore by the Partur issue was raised by BJP MLA Babanrao Lonikar during the session. To secure the release of its seized machinery, Megha Engineering deposited Rs 17.28 lakh, amounting to one percent of one of the fines, while simultaneously challenging the orders. However, the additional revenue divisional commissioner in Chhatrapati Sambhajinagar rejected the Bawankule also revealed that seven additional cases are pending against the company, suggesting sustained regulatory development adds to the company's mounting legal troubles. Earlier this year, the Mumbai Metropolitan Region Development Authority (MMRDA) cancelled a contract awarded to Megha Engineering after rival bidder l&T challenged the tender process in the Supreme Court, alleging being involved in major infrastructure projects across India in sectors such as roads, irrigation, and urban development, Megha Engineering now faces increasing setbacks both legally and contractually.- Ends


Time of India
11-07-2025
- Business
- Time of India
Megha Engineering Infrastructure fined Rs 94 crore for illegal excavation: Maharashtra minister
Mumbai: Maharashtra revenue minister Chandrashekhar Bawankule on Friday informed the assembly that a fine of Rs 94.68 crore was imposed on Megha Engineering Infrastructure Ltd for illegal excavation of minor minerals during road construction. The company's confiscated machinery was released pending hearing of its appeals after it deposited 1% of the fine amount in one case, he said. Hyderabad-based Megha Engineering Infrastructure was in the news recently as the Mumbai Metropolitan Region Development Authority cancelled a contract awarded to it after L&T, a rival bidder, challenged the tender process in the Supreme Court. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Megha Engineering Infrastructure was accused of illegally excavating minor minerals during the construction of roads on Shegaon and Pandharpur pilgrimage routes in Jalna district. "In various cases, additional district collector of Jalna imposed a fine of Rs 38,70,05,520, and tehsildar of Partur (district Jalna) imposed a fine of Rs 55,98,55,600 through various orders," the minister stated in a written reply to a question by BJP MLA Babanrao Lonikar. As the company challenged the orders, he directed it to deposit Rs 17.28 lakh, 1% of the fine amount in a case before Partur tehsildar, in the state treasury, said Bawankule. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giá vàng đang tăng mạnh trong năm 2025 — Các nhà giao dịch thông minh đã tham gia IC Markets Tìm hiểu thêm Undo The company challenged the tehsildar's order before the additional revenue divisional commissioner-1 at Chhatrapati Sambhajinagar. But the commissioner rejected the appeal, he said. The minister further said he instructed the Partur tehsildar to return the confiscated machinery after the company deposited 1% of the fine amount. The tehsildar has filed seven other cases against the company, he said.