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MBL Infrastructures’ arm completes additional length of 9.780 km of project of Suratgarh -Bikaner Section

19 Mar 2021 Evaluate

Suratgarh Bikaner Toll Road Company (SBTRCPL), a 100% owned subsidiary company and a Special Purpose Vehicle of MBL Infrastructures, has received further provisional completion certificate on March 18, 2021 for completion of additional length of 9.780 km (5 .68%) of the project of Suratgarh -Bikaner Section NH-62 on DBFOT basis in addition to 156.635 kms (90.86%) of its 172.384 kms of National Highway Project. With this the total completed length of the Project Highway is 166.415 km (96.54%) out of 172.384 kms.

The commercial operations (toll collection) for 90.86% of 172.384 kms had commenced on February 17, 2019 and with the issuance of provisional certificate dated March 18, 2021 for additionally completed length of 9.780 km of Project Highway, the increased revenue from toll collections will improve the performance of the company. The balance work of the project along with the change of scope works are expected to be completed within next financial year. 

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. MBL has a fast growing business that provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects.

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