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MSRDC appoints MEP as contractor for collection of toll at Katai Toll, Gove Toll Plaza

26 Dec 2016 Evaluate

MEP Infrastructure Developers (MEP) has been appointed by the Maharashtra State Road Development Corporation, Mumbai (MSRDC) as contractor for the collection of toll at the toll stations on Bhiwandi Kalyan Shilphata Highway at Katai Toll Plaza (Ch 4/500) and at Gove Toll Plaza (Ch 18/370) at approved toll rates specified by Govt. of India vide toll notification dated October 08, 2016 on only specified vehicles passing over the said section of road/project as per Letter of Acceptance dated December 23, 2016 received by the company.

MEP Infrastructure Developers is engaged in tolling operations of the road infrastructure sector, with a pan-India presence. MEP Infra is in the business of pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties.

MEP Infrastructure Share Price

1.06 0.02 (1.92%)
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Peers
Company Name CMP
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