MEP Infra in JV wins Rs.3,000 cr road project

MEP Infrastructure Developers in a joint venture with LongJian Road & Bridge Company has been declared as a preferred Bidder (L1) by NHAI for three HAM Projects involving an investment of Rs.3,000 crore. They included the four-laning of Ausa-Chakur section of NH-361 (Design length-58.51 km) under NH (O) in Maharashtra on HAM with bid cost of Rs.848.63 crore. Also, the four laning of Chakur-Loha section of NH-361 (Design length 73.34 km) under NH (O) in Maharashtra on HAM model with bid cost of Rs.1001.10 crore has been contracted. The third project pertains for four laning of Loha-Waranga Sec of NH-361 (Design length ~56.56km) under NH(O) in the same state on HAM model with bid cost of Rs.1073.10 crore. The construction period for all three projects is 2 years from the appointed date. The concession period for all three projects is 15 years excluding construction period of 2 years, said official sources.