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MEP Infrastructure Developers provides update on road project in Nagpur

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MEP SANJOSE Ring Road 2 achieves Milestone One for the project

announced that MEP SANJOSE Ring Road 2 Private Limited - Subsidiary of the Company, has achieved the Milestone One for the project of Four Lane Stand Alone Ring Road/ Bypasses for City, Package-II from km 34+500 to km 62+035. (Total Length - 28+035 km) in the State of on BOT (Hybrid Annuity) basis as per the Concession Agreement.

The Authority has paid the first Milestone payment of 20% of the physical progress for the project on 11 January, 2018

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 17:31 IST
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