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MEP Infrastructure receives LoA from NHAI for user fee collection at Sergarh Fee Plaza

25 Feb 2021 Evaluate

MEP Infrastructure Developers has received the Letter of Award (LoA) dated February 24, 2021 from National Highways Authority of India (NHAI) informing that MEP has been engaged as the Contractor for the collection of user fee through e-tender for Sergarh Fee Plaza at Km. 97.960 (Old Km 182.175) for the section from Km 143.635 to Km 80.994 (Bhadrak to Balasore Section) of NH-5 in the state of Odisha. The contractual amount for the said Project is Rs 62.73 crore payable to NHAI.

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.

MEP Infrastructure Share Price

0.92 0.01 (1.10%)
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Peers
Company Name CMP
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