MEP Infrastructure Developers has announced financial close for three Hybrid-Annuity (HAM) road projects in Indian State Maharastra. The lead lender in the transcationr is YES bank, securing investments of INR14,000 million (US$ 204.48 million). The three HAM road projects are sections of NH-361 (Ausa-Chakur, Chakur-Loha and Loha-Waranga) with works of road widening.

The project costs are are INR8,480 million (US$ 122,73 million), INR10,000 million (US$ 144,73 million) and INR10,730 million (US$ 155,29 million) respectively. Apart from investment from YES bank the remaining cost of projects will be grants from NHAI and equity contribution from developer.