MEP Infra receives LOA from NHAI for user fee collection for PITHAI Fe Plaza.

Mep Infrastructure Developers Limited ('MEP') has received the Letter of Award (LOA) dated February 02, 2021 from National Highways Authority of India (NHAI) stating that MEP has been engaged as the Contractor for the collection of user fee on the basis of the Competitive Bidding through e-tender for PITHAI FEE PLAZA at km 37.300 for 4 laning of Ahmedabad - Godhra Section of NH-59 from km 4.200 to km 122.420 in the state of Gujarat under NHDP Phase-III on DBFOT pattern.

Key highlights of the Project are as under:

User Fee Collection rights at Pithai Fee Plaza.

Terms of the Contract Agreement:

- Period of Contract is 1 (one) year.

- The operations will commence after 12 (twelve) days from the date of issuance of LOA.

The contractual amount for the said Project is Rs. 30,69,00,000/- (Rupees Thirty Crores Sixty Nine Lakh only) payable to NHAI.

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