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MEP Infra gains on commencing tolling operations in Odisha

Odisha Expo by Odisha Expo
April 7, 2021
in Odisha State News
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MEP Infrastructure Builders rose 1.24% to Rs 16.35 after the corporate mentioned it commenced tolling operations at Sergarh Charge Plaza in Odisha from 6 April 2021.

The Nationwide Highways Authority of India (NHAI) has engaged MEP Infrastructure Builders because the contractor for the gathering of person price via e-tender for Sergarh Charge Plaza of NH-5 within the state of Odisha. The interval of the mentioned contract is one yr until 6 April 2022. The contractual quantity for the mentioned venture is Rs 62.73 crore payable to NHAI.

On a consolidated foundation, MEP Infrastructure Builders reported a web revenue of Rs 82.10 crore in Q3 FY21 as in comparison with a web lack of Rs 71.87 crore in Q3 FY20. Internet gross sales dropped 41.2% to Rs 282.43 crore in Q3 FY21 over Q3 FY20.



MEP Infrastructure Builders operates community of roads, highways, bridges and toll plazas.

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(This story has not been edited by Enterprise Customary workers and is auto-generated from a syndicated feed.)

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