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MBL Infra has received Rs 2,126 crore road development project in UP, U’Khand

MBL Infrastructures has got road development projects worth Rs 2,126 crore from NHAI in Uttarakhand and Uttar Pradesh.

The company has said in a regulatory filing that “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 first project that 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 the state of Uttarakhand and Uttar Pradesh under NHDP-IV.

The second project which is worth Rs 1,184 crore for four landing of Gagalheri-Saharanpur-Yamunanagar section of NH-73 from 33 km to 71.64 km state of Uttar Pradesh under NHDP-IV.

Both the project’s construction period is 730 days.

Read EquityPandit’s Technical Analysis of Nifty 

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