MEP Infrastructure Developers Limited (‘MEP’) in Joint Venture with M/s. Ozoneland Private Limited has received today a Letter of Award (‘LOA’) from Public Works Department(PWD), Government of Maharashtra for the following Project:
“HAM PN – 153 Improvements to Solapur Ring Road SH 205 km 0/00 to 28/800, 29/800 to 44/600, 48/400 to 54/150 and km 62/00 to 66/550, in the state of Maharashtra under Hybrid Annuity Mode.”
The Bid Project Cost is Rs. 183.42 Crores (Rupees One Hundred Eighty Three Crores and Forty Two Lacs only) and first year O&M Cost is 3.33 Crores (Rupees Three Crores and Thirty Three Lacs only).
The Company will receive Semi-Annual Annuity from PWD, Government of Maharashtra post Commercial Operation Date (COD).