MEP Infrastructure Developers’ wholly owned subsidiary -- Raima Ventures (RVPL) has received a Letter of Award (LOA) dated April 10, 2023 from M. P. Road Development Corporation (M. P. State Highway Authority) (the Authority) informing that RVPL has been engaged as the User Fee Collection agency for Agar-Jaora Road in the State of Madhya Pradesh. The period of contract is 2 Years. The contractual value of the said project is Rs 14.76 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.
