Corporate Announcement
Security Code : 539126    Company : MEP    
 
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  Exchange Disseminated Time     19/01/2017 18:31:15
MEP Infrastructure Developers Ltd has informed BSE that MEP SANJOSE Kante Waked Road Private Limited - Subsidiary Company of the Company, has achieved the financial closure as per the Concession Agreement executed with the Ministry of Road Transport and Highways ('MORTH') dated June 28, 2016 for the Rehabilitation and up-gradation of NH-66 (Erstwhile NH-17) from Km. 281/300 to Km. 332/200 [Kante - Waked section] to Four Lane with paved shoulder in the State of Maharashtra under NHDPIV on Hybrid Annuity Mode by tying up of Project finance of Rs. 371.83 Crores.
 

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