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MEP bags Rs 605 Crore project

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MEP Infrastructure Developers Ltd on Monday said it has won a highways project in Gujarat at a bid cost of Rs 604.68 crore. This is the second project on hybrid annuity mode in Gujarat in less than a month. MEP Infrastructure Developers Ltd (MEP) in a joint venture (JV) with its Spanish partner has received the Letter of Award from National Highway Authority of India for yet another project under the Hybrid Annuity Model (HAM) in the state of Gujarat. The project scope involves four-laning a 40 km section of the Mahuva to Kagavadar portion of NH-8E under the National Highways Development Project (NHDP) Phase IV.

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