Achieves financial closure for project of Rs 266.84 crore
MEP Infrastructure Developers announced that MEP SANJOSE Arawali Kante Road- Subsidiary Company of the Company, has achieved the financial closure as per the Concession Agreement executed with the Ministry of Road Transport and Highways ['MORTH') dated June 28, 2016 for the Rehabilitation and up-gradation of NH-66 (Erstwhile NH-17] from km.241/300 to km 281/300 [Arawali-Kante section] to Four Lane with paved shoulder in the State of Maharashtra under NHDP IV on Hybrid Annuity Mode (HAM) by tying up of Project finance of Rs. 266.84 crore.Powered by Capital Market - Live News
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