MBL Infrastructures bags Rs 500 crore road project
Construction firm MBL Infrastructures today said a consortium led by it has won a highways project from the Rajasthan government.
The project for developing Bikaner-Suratgarh section of NH 15 to two-lanes was awarded to it by Public Works Department of Rajasthan Government.
"The project has been awarded to the consortium led by MBL Infrastructures, SREI Infrastructure being the other partner. The total cost of the project is exceeding Rs 500 crore," the infrastructure firm said in a filing to BSE.
The project will be executed on design, build, finance, operate and transfer (DBFOT) basis, the company said adding that it is likely to be completed in two years.
The company said that it is executing 21 projects at present with a total investment of Rs 2636 crore.
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