MEP Infrastructure Developers provides update on road project in Nagpur

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Capital Market
Last Updated : Jan 11 2018 | 5:50 PM IST

MEP SANJOSE Nagpur Ring Road 2 achieves Milestone One for the project

MEP Infrastructure Developers announced that MEP SANJOSE Nagpur Ring Road 2 Private Limited - Subsidiary of the Company, has achieved the Milestone One 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 Authority has paid the first Milestone payment of 20% of the physical progress for the project on 11 January, 2018

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First Published: Jan 11 2018 | 5:31 PM IST

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