MEP Infrastructure Developers receives LoA for toll collection contract in Thane, Maharashtra

MEP Infrastructure Developers has received Letter of Acceptance ("LOA") dated 22 August 2019 from Public Works Department, Government of Maharashtra ("Authority") for Collection of toll at approved rates on all specified vehicles at Thane-Bhiwandi-Wadpa Road (S.S.H.) SI1 84 BOT Project from km. 0/000 to kin. 8/090 in Thane District in the State of Maharashtra. The total contract amount for the said project is Rs 36.63 crore payable on quarterly upfront basis. The contract period is 3 years.

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