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MEP Infrastructure Developers’ arm achieves first milestone for road project in Gujarat

MEP Infrastructure Developers’ Subsidiary — MEP SANJOSE Talaja Mahuva Road — has achieved the Milestone-1 for the project of Four Laning of Talaja- Mahuva Section of NH – 8E from Km. 53.585 to Km. 100.100 (design chainage from Km. 54.990 to Km.100.450) (Package – II) in the state of Gujarat on Hybrid Annuity mode under NHDP Phase IV, as per the Concession Agreement.

The Authority has paid the first Milestone payment of 20% of the physical progress for the project on October 5, 2018.

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.

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