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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.

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MBL to tie up funds for Rs 5 bn highway project

MBL to tie up funds for Rs 5 bn highway project

A recent report by CRISIL Research shows that MBL Infrastructures (MBL) may attain financial closure for its over Rs 500 crore Bikaner–Suratgarh highway widening project during Jan-Mar 2013. The company was earlier awarded the project for Developing and Operation of Bikaner–Suratgarh Section of NH–15 in Rajasthan by the state government. The project has been awarded to the consortium led by MBL

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MBL to tie up funds for Rs 5 bn highway project

MBL to tie up funds for Rs 5 bn highway project

A recent report by CRISIL Research shows that MBL Infrastructures (MBL) may attain financial closure for its over Rs 500 crore Bikaner–Suratgarh highway widening project during Jan-Mar 2013. The company was earlier awarded the project for Developing and Operation of Bikaner–Suratgarh Section of NH–15 in Rajasthan by the state government. The project has been awarded to the consortium led by MBL