MoneyWorks4Me

MEP Infrastructure Developers’ arm gets LoA worth Rs 32.32 crore

24 Jun 2022 Evaluate

MEP Infrastructure Developers’ step-down Subsidiary -- Bhalaji Toll Road (BTRPL) has received a Letter of Award (LoA) dated June 23, 2022 from National Highways Authority of India (NHAI). BTRPL has been engaged as the user fee collection agency in Competitive Bidding through e-tender for Guabari Fee Plaza, at km 243.00 from Km 228.000 to Km 254.500 on Salsalabari to West Bengal Assam Border section of NH-31C in the State of West Bengal. Period of Contract is one Year. The operations will commence after 12 days from the date of issuance of LOA. The Contractual Value for the said Project is Rs 32.32 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.

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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