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MEP Infrastructure Developers’ arm enters into contract agreement with NHAI

22 Feb 2022 Evaluate

MEP Infrastructure Developers’ step-down subsidiary -- Bhalaji Toll Road (BTRPL) has entered into contract agreement with National Highways Authority of India (NHAI) on February 21, 2022 for the project of collection of user fee for Nemili Sriperumbudur Toll Plaza located at Km 37.800 for Section from Km 106.800 to Km 13.800 on Walajahpet- Poonamalle Section of NH 4 in the State of Tamil Nadu.

Period of contract is 1 year. The tolling operations has commenced from February 22, 2022. The contractual amount for the said project is Rs 87.03 crore.

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

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