MEP Infrastructure Developers has informed that its Step-down Subsidiary viz. Bhalaji Toll Road (BTRPL) has received a Letter of Award (LOA) dated 3rd June, 2022 from National Highways Authority of India ('NHAI') informing that 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. Key highlights of the Project are as under: (i) User Fee Collection rights at Panikholi Fee Plaza. (ii) Terms of the Contract Agreement: a. Period of Contract is 3 (Three) Months. b. The operations will commence after 6 (Six) working days from the date of issuance of LOA. (iii) The Daily Remittance for the said Project is Rs 2,877,300.
The above information is a part of company’s filings submitted to BSE.
