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MBL Infrastructures receives arbitration award for road project in Uttarakhand

02 Feb 2022 Evaluate

MBL Infrastructures has received Arbitration Award from Public Works Department, Government of Uttarakhand for a Road project in the state of Uttarakhand for a sum exceeding Rs 60 crore along with interest at the rate of 2% higher than the current rate of interest prevalent on the date of award.

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.

Peers
Company Name CMP
Larsen & Toubro 3870.25
Kalpataru Projects 1431.25
NCC 135.75
Rail Vikas Nigam 203.95
KEC International 402.00
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