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MEPL bags contracts for 20 NHAI Toll Collection Plazas in 2011

Announcement  |  Corporate 

Total toll collection contracts valued at INR 623 Crore; accounts for 44% of NHAI collection

MEPL sets up Toll collections centers across 8 states

MEPL to operate 226 lanes across NHAI highways

MEP Toll Road Pvt Ltd. (MEPL), one of India’s leading toll management companies, has been awarded 20 toll collection contracts by the National Highways Authority of India (NHAI) across 8 states since the beginning of 2011. The estimated toll collection is Rs. 623 crore rupees which accounts for almost 44% of NHAI’s total toll collection during this period.

Currently, MEP Toll Road Pvt. Ltd. along with its subsidiary company AJ Tolls Pvt. Ltd. has a pan India presence in as many as 8 states which includes Haryana, Uttar Pradesh, Gujarat, Orissa, Andhra Pradesh, Tamil Nadu, Karnataka and Maharashtra managing toll collection from 226 lanes. Prior to the contract, NHAI was collecting toll of INR 1,100 Crore, now the amount has escalated to almost INR 1,440 Crore. MEPL is now set for expansion with as many as 30 bids currently in the offing.

The most recent project bagged from NHAI was of 4 toll plazas in Andhra Pradesh for an amount of INR 95 Crore-Nathavalasa Toll Plaza, Chilakapalem Toll Plaza, Bolapalli Toll Plaza and Tangatur Toll Plaza on Kavali–Ongole section of National Highway and the Ongole-Chilakaluripet section.

MEPL, one of the largest toll operators in the country also works towards maintaining, repairing and beautification of flyovers, and allied structures with a vast experience spanning 15 years. The company provides ultramodern solutions for toll management that enhances transparency of toll transactions, and ensures smooth and uninterrupted flow of traffic at all toll stations across the nation.

According to Mr. Jayant Mhaiskar, Chairman & MD, MEPL,” We feel privileged to be selected by NHAI for toll collection in their various projects. Being in the forefront of toll operations management, and specialists in providing end to end solutions in toll system, we are committed to strengthening and streamlining traffic management in India – the country with one of the most extensive road networks in the world.”

MEP Toll Road Pvt. Ltd. is a frontline Toll Management Company in the Country with its presence in 9 states. MEP’s core business profile includes Securitization for Financing BOT Projects, Toll Collection, Operation and Maintenance of Highway Projects, Bridges and Tunnel Projects. With a Professional Work Culture and a distinction in managing multiple lane toll plazas MEP is emerging as a largest toll management company in India.




First Published: Wed, May 18 2011. 16:40 IST