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MBL Infrastructures’ SPV commences toll collections for project in Rajasthan

18 Feb 2019 Evaluate

MBL Infrastructures’ Special Purpose Vehicle (SPV) -- Suratgarh Bikaner Toll Road Company has commenced commercial operations (toll collections) for 90.86% of its 172.384 km National Highway project of Suratgarh-Bikaner Section of NH-62 in the state of Rajasthan. The company has equity investment of Rs 185 crore.

The commencement of the commercial operations (toll collection) of Suratgarh-Bikaner National Highway Project will ensure long term cash flows to the company and has increased the prequalification capacities of the company.

MBL Infrastructures is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients.

Peers
Company Name CMP
Larsen & Toubro 3878.40
Kalpataru Projects 1440.00
NCC 136.45
Rail Vikas Nigam 207.80
KEC International 399.15
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