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MEP Infrastructure Developers update on Nagpur road project

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Capital Market
MEP Infrastructure Developers announced that its subsidiary - MEP Sanjose Nagpur Ring Road 2, has achieved the Milestone II for the project of Four Lane Stand Alone Ring Road/ Bypasses for Nagpur City, Package-II from Km. 34+500 to Km. 62+035 (Total Length- 28+035 Km.) in the State of Maharashtra on BOT (Hybrid Annuity) basis as per the Concession Agreement.

The Company has received the Milestone II payment for 40% of the physical progress for the project on 19 July, 2018.

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First Published: Jul 20 2018 | 9:05 AM IST

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