You are here: Home » Companies » News
Business Standard

MEP Infra gets NHAI toll collection contract in Jharkhand

It received the letter of acceptance for toll collection at Sau Kala toll plaza on the Aurangabad-Barachatti section of NH-2 in Jharkhand

Press Trust of India  |  New Delhi 

MEP Infra gets NHAI toll collection contract in Jharkhand

Ltd (MEPIDL) has won its third short term toll collection project in for a period of one year, the company announced on Monday.

"The company has bagged the project with an annual remittance of Rs 87.30 crore, payable on a weekly basis over the project tenure," said in a statement.

The company has received the letter of acceptance for toll collection at Sau Kala on the Aurangabad-Barachatti section of in

The project includes user fee collection rights at Sau Kala and the operations will commence from September 14, after complying with the statutory formalities.

With this announcement, has further strengthened its presence in with three projects and now has a total of 10 short term toll projects awarded by NHAI with Authority remittance of Rs 659.61 crore per year.

with pan-footprint in (OMT) and tolling operations in the road infrastructure sector has recently made its foray into the engineering, procurement and construction space with the win of six projects in and

MEPIDL commenced its business in December 2002 with collection of toll at the five entry points and as on date the company has completed 98 projects, with an aggregate of 189 toll plazas and 1,152 lanes.

The company has 18 operational projects, 14 toll collection projects (25 toll plazas) in 8 states, 3 projects — covering 1,361.32 lane kms and 9 toll plazas — and 1 project — covering 42 lane km and 5 toll plazas.

First Published: Mon, August 29 2016. 16:52 IST
RECOMMENDED FOR YOU