MEP Infra to tie up with funds from Singapore or UK for TOT projects

The firm has 10 hybrid annuity projects under its fold, seeks smaller bunching of projects as against first TOT tranche given out by NHAI

Mumbai-based MEP Infrastructure, a leading player in the hybrid annuity space, plans to get into TOT (toll-operate-transfer) operations of highways. For this, it is likely to tie up with a Singapore or UK-based fund.

MEP, which has 10 hybrid annuity projects under its fold, is looking at smaller bunching of projects as against the first TOT tranche given out by the National Highways Authority of India, which had 10 projects. “We will tie up with large funds from Singapore or UK. We expect to finalise the tie-up within two months,” Jayant D Mhaiskar, chairman and managing director, MEP Infra told