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MEP Infrastructure Developers’ arm gets LOA from NHAI

11 May 2022 Evaluate

MEP Infrastructure Developers’ Step-down Subsidiary viz. Bhalaji Toll Road (BTRPL) has received a Letter of Award (LOA) from National Highways Authority of India (NHAI). BTRPL has been engaged as the user fee collection agency through e-tender for Chalakwadi Fee Plaza, at design Km 91.106 in Pune District of NH-50 (New NH60) for use of four lane from Km.42.000 to Km.179.946 of Khed Sinnar Section of National Highway No 50 (New NH-60) in the State of Maharashtra.  

The operations will commence after 6 working days from the date of issuance of LOA. The contractual amount for the said Project is Rs. 9,96,30,000.

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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