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MEP Infra has won highway project from NHAI in Gujarat at Rs 643 crore bid cost

MEP Infrastructure has won a highway project from NHAI in Gujarat in a joint venture (JV) with its Spanish partner at a bid cost of Rs 643 crore.

The company has said in a statement that MEP Infrastructure Developers Ltd in a JV with its Spanish partner has received Letter of Award from National Highways Authority of India (NHAI) for a project under the Hybrid Annuity namely four laning of Talaja-Mahuva section in Gujarat with bid project cost Rs 643.05 crore.

Jayant D Mhaiskar, Vice-Chairman and Managing Director, MEP Infrastructure Developers Ltd has said that “We have been able to maintain our winning run after being declared as successful bidder (L1) for the consecutive 5th project in last 8 weeks’ time for the Hybrid Annuity project. We are happy to enter Gujarat for Hybrid Annuity Project and we are confident of completing the projects in a stipulated time frame and with the desired quality to play a significant role in the country’s infrastructure development.”

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