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MEP Infrastructure Developers’ arm receives letter of award from NHAI

30 May 2022 Evaluate

MEP Infrastructure Developers’ Step-down Subsidiary viz. Bhalaji Toll Road (BTRPL) has received a Letter of Award (LOA) dated May 30, 2022 from National Highways Authority of India (NHAI). BTRPL has been engaged as the user fee collection agency through Competitive Bidding e-tender for Vanagaram Fee Plaza, at km 16.500 of Chennai Bypass Phase-I section from km 0.000 to km 19.170 (taking off at km 29. 151 of NH45 & merging at km 13.800 of NH-4), Chennai Bypass (NH-4 & 45) in the State of Tamil Nadu. The Contractual Value for the said Project is Rs. 61,38,00,000.

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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