MEP Infrastructure Developers (MEP) has received Letter of Award (LOA) from Indian Highways Management Company (an initiative of NHAI). The LOA is for providing services of Hybrid ETC & Toll Management Systems at Eastern Peripheral Expressway (EPE).
The operation will commence from the date of the signing of the contract agreement including the time required for installation and commissioning of all services being provided under this agreement. The contract is worth Rs 28.71 crore and period of contract is 2 years.
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.
