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MEP Infrastructure Developers gets letter to extend suspension of toll collection

17 Sep 2018 Evaluate

MEP Infrastructure Developers has received a letter from the Office of the Director Local Bodies (Toll Tax Department) (DLB) informing to extend period of suspension of collection of toll tax from any of the specified commercial vehicle till September 30, 2018 owing to pending of completion of installation of Radio Frequency Identification Device (RFID) work by its selected concessionaire - Tecsidel India - GHV (India).

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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