MEP Infra bags toll collection contract for Delhi entry points
MEP Infrastructure today said it has won a contract for toll collection at the border points entering Delhi from specified commercial vehicles for a period of five years.
“MEP Infrastructure Developers has been given the Letter of Award from office of the Director Local Bodies (Toll Tax Department) for Toll & Environment Compensation charges (ECC) collection at the border points entering Delhi from specified commercial vehicles,” it said in a statement.
As per the contract, the company has been engaged as the contractor for South Delhi Municipal Corporation (SDMC) for toll and ECC collection for a period of five years for Rs 1,206 crore per annum payable to SDMC on a weekly basis.
The company said operations of the project will commence after complying with the statutory formalities like submission of performance security and signing of contract.