We wish to inform you that MEP Sanjose Nagpur Ring Road 2 Private Limited - Subsidiary of the Company, has achieved the Milestone II for the project of Four Lane Stand Alone Ring Road/ Bypasses for Nagpur City, Package-II from Km. 34+500 to Km. 62+035 (Total Length-28+035 Km.) in the State of Maharashtra on BOT (Hybrid Annuity) basis as per the Concession Agreement. The Company has received the Milestone II payment for 40% of the physical progress for the project on 19th July, 2018.
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