MEP Infra wins Rs 3K cr highway projects in Maharashtra

Image
Press Trust of India New Delhi
Last Updated : Mar 23 2018 | 5:40 PM IST

MEP Infrastructure Developers (MEP) today said it has won projects worth Rs 2,921.83 crore in Maharashtra through a joint venture (JV) with Long Jian Road & Bridge Company Ltd.

The company now has a total of 9 projects on hybrid annuity mode (HAM) valued at Rs 6,758.77 crore, it said.

MEP through the JV has emerged as a preferred bidder for 3 HAM Road Construction projects of NHAI -- four laning of Ausa-Chakur, Chakur-Loha and Loha-Waranga for an aggregate Bid project cost of Rs 2,921.83 crore, it said in a statement.

Jayant D Mhaiskar, Chairman and Managing Director of MEP Infrastructure Developers Ltd, said: "The Company continues it winning run and now has a basket of 9 HAM projects in the states of Maharashtra and Gujarat aggregating Rs 6,758.77 crore.

"The current three wins are contiguous in nature, thus enabling us to optimise our resources and complete these projects in a stipulated time frame."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 23 2018 | 5:40 PM IST

Next Story