Shillong Expressway Pvt. Ltd. (SEPL) is a Special Purpose Vehicle (SPV) promoted for development of 2 lane 48 km Shillong bypass from Km. 61+800 of NH-40 to Km 34+850 of NH-44 in the State of Meghalaya (Project). National Highways Authority of India awarded the Project to SPV on Built, Operate and Transfer (BOT) – Annuity basis in July 2010. The scope of Project involves design, construction, development, finance, operation and maintenance of the section.