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This is an archive article published on March 15, 2024

B G Shirke was awarded Rs 4.6k cr housing deal, Megha Engg got Rs 26k crore infra projects

Firms were among highest purchasers of electoral bonds

BG Shirke Construction company, B G Shirke Rs 4.6k cr housing deal, Megha Engg Rs 26k crore infra projects, electoral bonds, electoral bonds purchaser, Maharashtra govts affordable housing projects, MHADA, CIDCO, Mumbai cricket association, MEIL, indian express newsThe company also constructed the Mumbai cricket association (MCA) at BKC and the structure is under the firm's control. Last year, the company got a contract worth Rs 4,652 crore to construct 20,448 flats under the Pradhan Mantri Awas Yojana (PMAY) in the state. (Representational Image)

BG Shirke Construction Technology Pvt Ltd, the firm that came into the limelight for purchasing electoral bonds worth Rs 117 crore between January 2023 and January 2024, is a Maharashtra based construction company and has been conducting several of the Maharashtra government’s affordable housing projects, especially those under the Maharashtra Housing and Area Development Authority (MHADA) and CIDCO in Mumbai and other parts of the state.

The company also constructed the Mumbai cricket association (MCA) at BKC and the structure is under the firm’s control. Last year, the company got a contract worth Rs 4,652 crore to construct 20,448 flats under the Pradhan Mantri Awas Yojana (PMAY) in the state.

The Pune Mula Mutha Riverside Rejuvenation Project contract was also awarded to BG Shirke in April 2023. The project, which involved improving the river’s banks, was put out to tender by the municipality’s Environment Department for a budget of Rs 320 crore.

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BG Shirke also got a tender contract worth Rs 866 crore from the Central Public Works Department last year to construct an office complex and 769 residential houses at the Customs Enclave plot in Wadala Mumbai on an area of 20 acres.

In 2022, BG Shirke bagged an order to construct mid-income group (MIG) and high-income group (HIG) flats under MHADA at Rs 170.64 crore.
Megha Engineering and Infrastructures Ltd (MEIL), another firm under the limelight with the second largest purchase of electoral bonds with purchased, bagged at least Rs 26,000 crore of mega infrastructure projects in Maharashtra.

MEIL had bagged two separate packages to build the ambitious Thane Borivali twin tunnel — a project implemented by MMRDA — for Rs 14,400 crore in 2023. The company also got a contract worth Rs 3,681 crore to construct a Bandra Kurla complex (BKC) station for the Mumbai-Ahmedabad bullet train project.

MEIL had also got a contract to construct one package of the Samruddhi Expressway.

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MEIL and Nagarjuna Construction Company Ltd had been awarded the BMC’s Rs 6,000 crore mega contract to concretise Mumbai roads. The total cost of the construction of concrete roads in Mumbai is Rs 18,000 crore.

The consortium of Olectra Greentech Limited and Evey Trans Pvt Ltd received a Letter of Award from BEST to supply, operate and maintain of 2,500 electric buses for Rs 4000 crore on a gross cost contract basis for a period of 12 years.

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