MBL Infrastructures has informed that the project ‘Six lane of Greenfield proposed Udaipur Bypass (Connection between NH-76 at exiting Km 118-500 at Debari to NH-8 Km 287- 400 at kaya village) Udaipur Bypass - length 23.883 on Hybrid Annuity Mode, Package -IV under NHDP phase V in the state of Rajasthan’ awarded to the Company has been surrendered on account of non-submission of full performance guarantees by the bankers and accordingly terminated by NHAI. The Company is executing two other Hybrid Annuity Projects for which performance guarantees have already been submitted.
The above information is a part of company’s filings submitted to BSE.
