MEP Infrastructure Developers’ subsidiary - MEP SANJOSE Mahuva Kagavadar Road has achieved the milestone one for the project of four laning of Mahuva to Kagavadar of NH-8E from km. 100.100 to km 139.915 (design chainage from km 100.450 to km 140.470) (Package-III) in the State of Gujarat on Hybrid Annuity Mode under NHDP Phase IV, as per the Concession Agreement.
The authority has paid the first Milestone payment of 20% of the physical progress for the project on December 12, 2017, which is 79 days ahead of the Scheduled Date for the milestone i.e. February 28, 2018.
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.
