SPVs Of MEP Infra Signs Concession Agreement With NHAI

2018-07-04 Announcements Construction Western India

MEP Infrastructure Developers Limited informs that the following Special Purpose Vehicles (SPVs) viz.

1. MEP Longjian ACR Private Limited

2. MEP Longjian CLR Private Limited

3. MEP Longjian Loha Waranga Road Private Limited

4. MEP Longjian VTR Private Limited

of the Company has signed the Concession Agreement with the National Highways Authority of India (NHAI), for the Projects as detailed below:

Name of the SPV	MEP Longjian ACR Private Limited	MEP Longjian CLR Private Limited	MEP Longjian Loha Waranga Road Private Limited	MEP Longjian VTR Private Limited
Project Particulars	Four Laning of Ausa- Chakur Section of NH-361 from km. 55.835 to km. 114.345(Design length58.51 km.) under NH (0) in the State of Maharashtra on Hybrid Annuity Mode	Four Laning of Chakur - Loha Section of NH-361 from km. 114.600 to km. 187.800 (Design length 73.345 km.) under NH (0) in the State of Maharashtra on Hybrid Annuity Mode.	Four Laning of Loha- Waranga Section of NH-361 from km. 187.800 to km. 244.369 (Design length 56.569 km.) under NH (0) in the State of Maharashtra on Hybrid Annuity Mode.	Construction of 8 (Eight) Laning of existing 4 (Four) Lane Vadape to Thane from km. 539.202 to km. 563.000 Section of NH-3 (new NH-848) in the State of Maharashtra to be executed on Hybrid Annuity Mode
Construction Period	2 years from the Appointed Date	2 years from the Appointed Date	2 years from the Appointed Date	2.5 years from the Appointed Date
Concession Period	15 years (excluding Construction Period as stated above)	15 years (excluding Construction Period as stated above)	15 years (excluding Construction Period as stated above)	15 years (excluding Construction Period as stated above)
Bid Project Cost	Rs.848.63 Crores	Rs.1000.10 Crores	Rs.1073.10 Crores	Rs. 1,182.87 Crores
O&M Bid Cost from 1st Year of Commercial Operation date (COD)	Rs.2.70 Crores	Rs.2.70 Crores	Rs.3.00 Crores	Rs.4.50 Crores
Bi-Annual Annuity	The Company will receive (COD).Bi-Annual Annuity from NHAI post-Commercial Operation Date (COD).	The Company will receive (COD).Bi-Annual Annuity from NHAI post-Commercial Operation Date (COD).	The Company will receive (COD).Bi-Annual Annuity from NHAI post-Commercial Operation Date (COD).	The Company will receive (COD).Bi-Annual Annuity from NHAI post-Commercial Operation Date (COD).