Bhalaji Toll Road Pvt Ltd signs contract with NHAI for Dhilwan Fee Plaza

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The withdrawing subsidiary of MEP Infrastructure Developers Ltd, viz. Bhalaji Toll Road Private Limited (BTRPL) has signed the contractual agreement on 17th May 2022 with the National Highways Authority of India (“NHAI”) for the User Fee Collection Project based on a E-Quote via E-Tender at DHILWAN FEE PLAZA at km 410.140 Jalandar-Amritsar Section of NH-1 from km 407.100 to km 456.100 in Punjab State.

NHAI has issued a work order dated May 17, 2022 and according to said work order, business operation started from today i.e. May 18, 2022 at 08:00:00 hours and the period of the said contract begins on May 18, 2022 (08.00:00 hrs) to August 18, 2022 (07.59:59 hrs) i.e. 3 (three) months or until the new agency is in place, whichever comes first. eventuality.

Shares of MEP Infrastructure Developers Limited last traded in BSE at Rs. 22.75 from the previous close of Rs. 9:70 p.m. The total number of shares traded during the day was 58,122 in over 157 trades.

The stock hit an intraday high of Rs. 22.75 and an intraday low of 22.25. Net turnover during the day was Rs. 1314087.00.

Source: Stock market bulls

Keywords


MEPInfrastructureDevelopers
INE776I01010
BhalajiTollRoad
Contract agreement
NHAI
DhilwanFeePlaza

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