MEP Infrastructure Developers (MEP) has received the Letter of Acceptance (LoA) from the National Highways Authority of India (NHAI) informing that MEP has been engaged as the Contractor for collection of user fee at Paranur Fee Plaza at km 52.820 for the section from km 28 to km 74.500 (Tambaram - Tindivanam Section) on NH - 45 in the State of Tamil Nadu. The Period of the Contract is 1 year.
The contractual amount for the said Project is Rs 105.03 crore payable to NHAI on a weekly basis over a period of 1 year.
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.
