Repayment worries: Lenders' debt recast plan for MEP Infra hinges on a green light at the toll booth

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MIPL, a part of the Jayant Mhaiskar-promoted MEP Infrastructure Developers (MIDL), owes lenders led by IDFC First Bank more than ₹2,600 crore. Its agreement with the Maharashtra State Road Development Corporation (MSRDC) allows the company to collect tolls at all five entry points into Mumbai.

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