MEP Infrastructure Developers Ltd’s signs concession agreement with NHAI

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MEP Infrastructure Developers Ltd’s step-down Subsidiary viz. Bhalaji Toll Road Private Limited (BTRPL) has signed the Contract Agreement on 9th May, 2022 with National Highways Authority of India (“NHAI”) for the project of collection of user fee for GUABARI FEE PLAZA at km 243.00 from km 228.00 to km 254.500 from Salsalabari to West Bengal Assam Border Section of NH-31C in the state of West Bengal.

The NHAI has issued a Work Order dated 9th May, 2022 and as per the said Work Order, the commercial operation has commenced from today i.e. 10th May, 2022 at 08.00:00 hrs and the period of the said Contract is starting from 10th May, 2022 (08.00:00 hrs) to 10th August, 2022 (07.59:59 hrs) i.e. 3 (three) months or till the new agency is in place whichever is earlier.