MEP Infrastructure Developers arm receives LOA from NHAI for Panikholi Fee Plaza.

MEP Infrastructure Developers Limited's step-down Subsidiary viz. Bhalaji Toll Road Private Limited (BTRPL) has received a Letter of Award (LOA) dated 3rd June, 2022 from National Highways Authority of India ("NHAI") informing that BTRPL has been engaged as the user fee collection agency through e-tender for Panikholi Fee Plaza, at km 88.435 (Km 191.698 New) for section from Km 62.000 - 136.500 (New Chainage km 218.000 - Km 143.500) (Chandikhole to Bhadrak Section) of NH-5 in the State of Odisha.

Key highlights of the Project:

User Fee Collection rights at Panikhoj Fee Plaza.

The operations will commence after 6 (Six) working days from the date of issuance of LOA.

The Daily Remittance for the said Project is Rs. 28,77,300/- (Rupees Twenty Eight Lakhs Seventy Seven Thousand Three Hundred only).

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