MoneyWorks4Me

MEP Infrastructure’s JV emerges preferred bidder for HAM project

28 Mar 2018 Evaluate

MEP Infrastructure Developers in joint venture (JV) with LongJian Road & Bridge Company has emerged as a preferred L1 Bidder by National Highways Authority of India (NHAI).

The Project is for the construction of eight laning of existing four Lane Vadape to Thane from 539.202 km to 563.000 km Section of NH-3 (new NH-848) in the State of Maharashtra to he executed on Hybrid Annuity Mode (HAM) with Bid Cost of Rs 1,182.87 crore.

The construction period is 2.5 years from the date of appointment.

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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