Revenue from toll operations to grow by 10-15% in FY18: MEP Infra

• Posted in Infrastructure
• on June 7, 2017
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In an interview to CNBC-TV18, Jayant Mhaiskar, VC & MD of MEP Infrastructure spoke about the latest happenings in his company and sector.

The company currently has an order book of close to Rs 4,000 crore of hybrid annuity projects to be executed over the next two-and-a-half years, he said.

He expects the revenue topline to be around Rs 1,800-2,000 crore on a year-on-year (YoY) basis for the next two years.

“The revenue on toll side would likely to grow steadily between 10 percent and 15 percent on YoY basis,” he further added.

MEP Infra also plans to deleverage in the coming months with the help of the Infrastructure Investment Trust (InvIT), said Mhaiskar.

Currently the company has total consolidated debt of around Rs 3,000 crore and is likely to transfer close to Rs 1,300-1,500 crore of debt to InvIT. Gary Sanchez Authentic Jersey

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