MEP Infrastructure Bags Order From MSRDC
MEP Infrastructure Developers Limited (`MEP') has received the Letter of Acceptance (LOA) dated June 28, 2017 from the Maharashtra State Road Development Corporation Limited (MSRDC) informing that MEP has been engaged for operation & maintenance of Rajiv Gandhi Sea Link and Toll Plaza & collection of toll on whole upfront basis.
Key highlights of the project are as under:
(i) Operation and maintenance of Rajiv Gandhi Sea Link (RGSL) project and Toll Plaza & collection of toll at RGSL.
(ii) Terms of the contract agreement:
a. Period of the contract is 156 weeks (3 year) from the date of work order.
b. The operations will commence within 45 days from the date of this LOA; after complying the statutory formalities viz. submission of performance security, signing of contract etc.
(iii) The contractual amount for the said project is INR 3250.8 million payable to MSRDC on whole upfront basis.
- Issued By:MAHARASHTRA STATE ROAD DEVELOPMENT CORPORATION LIMITED
- Bagged By:
- Region:Western India
- Industry:Other Services
- Value:INR 3250.8 Million
- Published On:2017-06-29