MEP Infrastructure Developers’ subsidiary -- MEP Nagpur Ring Road 1 -- has achieved the Milestone two for the Project of Four Laning Stand Alone Ring Road/ Bypass for the Nagpur City Package I from Km 0+500 to Km 34+000 (Design 33+500 Km) in the State of Maharashtra on BOT (Hybrid Annuity) basis as per the Concession Agreement. The company has received the Milestone two payment for 40% of the physical progress for the project on May 25, 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.
