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MBL Infra’s arm secures loan for highway project

MBL Infra’s arm secures loan for highway project

Suratgarh Bikaner Toll Road Company, which is a subsidiary of MBL Infrastructures, achieved financial closure for two laning of Bikaner-Suratgarh section in national highway (NH)-15 in Rajasthan. The company would execute the project on design, build, finance, operate and transfer (DBFOT) basis. A consortium of five public sector banks agreed to provide debt for the project. MBL Infrastructure has both engineering, procurement and construction and build-oper

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MBL Infra takes up road works in MP, Rajasthan

MBL Infra takes up road works in MP, Rajasthan

MBL Infrastructures has taken up contracts for stretches of Seoni-Katangi road in Madhya Pradesh and Bikaner-Suratgarh in Rajasthan. Toll collection has already begun on the Seoni stretch, though the project completion will take another 18 months.