MoneyWorks4Me

MEP Infrastructure Developers’ arm receives letter of award from NHAI

04 Jun 2022 Evaluate

MEP Infrastructure Developers’ Step-down Subsidiary viz. Bhalaji Toll Road (BTRPL) has received a Letter of Award (LOA) on June 03, 2022 from National Highways Authority of India (NHAI). BTRPL has been engaged as the user fee collection agency through e-tender for Panikholi Fee Plaza, at km 88.435 (Km 191.698 New) for section from Km 62.000 - 136.500 (New Chainage km 218.000 - Km 143.500) (Chandikhole to Bhadrak Section) of NH-5 in the State of Odisha. Period of Contract is 3 months. The operations will commence after 6 working days from the date of issuance of LOA.  The Daily Remittance for the said Project is Rs 28,77,300.

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
View more..