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MEP Infrastructure Developers Ltd receives LOA from NHAI for user fee collection in Jharkhand

Posted On: 2016-08-22 20:11:13

MEP Infrastructure Developers Ltd has received the Letter of Acceptance (LOA) dated August 22, 2016 from National Highways Authority of India (NHAI) informing that MEP has been engaged as the Contractor for the Project of "Collection of user fee through Fee Collection Agency on the basis of competitive bidding through (e-tender) for Ghangari at Km 346.100 (Gorhar to Barwa Adda) from Km 320.00 - Km 398.750 of National Highway No. 2 in the State of Jharkhand".

The contractual amount for the said project is Rs. 79,20,00,000 payable to NHAI on a weekly basis over a period of 1 year.


Source: Equity Bulls

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