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MEP Infrastructure to commence Toll, ECC collections for SDMC from October 1

29 Sep 2017 Evaluate

MEP Infrastructure Developers has been awarded by the Office of the Director Local Bodies (Toll Tax Department) the Letter of Award, to engage MEP as the contractor for SDMC (Lead Corporation acting on behalf of all the three Corporations of Delhi) for collection of Toll Tax & Environment Compensation Charge (ECC) at Border Points from Specified Commercial Vehicles entering Delhi.

The company has executed a contract agreement on September 28, 2017. The Commercial Operations will commence from October 1, 2017 for a period of 5 years. The period of contract is for five years and the contractual amount for the said project is Rs 1,206.00 crore per annum payable to SDMC on a weekly basis.

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.



Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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