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MBL Infrastructures has bagged road development projects worth Rs 2,126 crore from NHAI in Uttarakhand and Uttar Pradesh.
“MBL Infrastructures Ltd has been awarded the following projects on DBFOT (Design-Build-Finance-Operate-Transfer) Hybrid Annuity basis by the National Highways Authority of India (NHAI)...worth Rs 2,126 crore,” the company said in a regulatory filing today.
First project is worth Rs 942 crore for four-laning of Chutmalpur-Ganeshpur section of NH-72A from 0 km to 16 km and Roorkee-Chutmalpur-Gagalheri section of NH-73 from 0 km to 33 km in Uttarakhand and Uttar Pradesh under NHDP-IV.
Second project is worth Rs 1,184 crore for four-laning of Gagalheri-Saharanpur-Yamunanagar section of NH-73 from 33 km to 71.64 km in Uttar Pradesh under NHDP-IV.
Construction period is 730 days for both the projects.
Shares of MBL Infrastructures were trading 3.51 per cent up at Rs 159.30 apiece on the BSE.
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