MEP Infrastructure Developers in joint venture with Ozoneland has received Letter of Award (LoA) from Public Works Department (PWD), Government of Maharashtra. The LoA is for HAM PN-153 Improvements to Solapur Ring Road SH 205 km 0/00 to 28/800, 29/800 to 44/600, 48/400 to 54/150 and km 62/00 to 66/550, in the state of Maharashtra under Hybrid Annuity Mode.
The bid project cost is Rs 183.42 crore and first year Operation and Maintenance (O&M) cost is Rs 3.33 crore. The company will receive semi-annual annuity from PWD, Government of Maharashtra post Commercial Operation Date (COD).
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.
