MEP Infrastructure Developers Ltd receives LOA from NHAI for user fee collection at Sergarh Fee Plaza
Posted On: 2021-02-24 08:14:40 (Time Zone: Arizona, USA)
MEP Infrastructure Developers Limited ( MEP ) has received the Letter of Award (LOA) dated February 24, 2021 from National Highways Authority of India (NHAI) informing that MEP has been engaged as the Contractor for the collection of user fee through e-tender for Sergarh Fee Plaza at Km. 97.960 (Old Km 182.175) for the section from Km 143.635 to Km 80.994 (Bhadrak to Balasore Section) of NH-5 in the state of Odisha.
The operations will commence after 12 (twelve) days from the date of issuance of LOA and the contractual amount for the said Project is Rs. 62,73,00,000/-(Rupees Sixty Two Crores Seventy Three Lakhs only) payable to NHAI.
MEP Infrastructure Developers Limited commences tolling operations at Badarpur Elevated Fee Plaza
Posted On: 2021-02-15 22:35:00 (Time Zone: Arizona, USA)
MEP Infrastructure Developers Limited ( MEP ) has received the Work Order dated February 15, 2021 from the National Highways Authority of India ( NHAI ) and have commenced the tolling operations from 16.02.2021 (8.00 Hrs) for the Project of collection of user fee for Badarpur Elevated Fee Plaza at Km. 18.700 and Km. 20.200 on Section from Km. 16.100 to Km. 20.500 of NH-2 in the State of Delhi and Haryana. The period of the said Contract is 3 (Three) Months (from 16.02.2021 (8.00 Hrs) to 16.05.2021 (8.00 Hrs).
Shares of MEP Infrastructure Developers Ltd was last trading in BSE at Rs.17.45 as compared to the previous close of Rs. 16.9. The total number of shares traded during the day was 82084 in over 344 trades.
MEP Infrastructure Developers Ltd commences tolling operations at Pithai Fee Plaza equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
First Rock President Ryan Reid.
Directors of First Rock Capital Holdings Limited (FCH) say the performance of the company in 2020 has exceeded their expectations and projections.
For the year ended December 31, 2020, the company reported unaudited results with a net profit of US$ 3.7 million, an increase of over 300 per cent, compared to US$ 756,735 for the 12 months of 2019.
“The company ended the year with solid results, exceeding its forecast in the areas of revenues, profitability, and balance sheet growth,” management noted in the notes accompanying the financial results.
Return on equity (ROE) for the year was 16 per cent, resulting in earnings per share (EPS) of US$ 0.013.