Corporate News 14-Dec-16
MBL Infrastructures provides update on two road projects
In State of Madhya Pradesh
MBL Infrastructures announced that Madhya Pradesh Road Development Corporation (MPRDC) has illegally terminated BOT project of Development and Operation of Seoni - Katangi -Maharashtra border section of State Highway no. 54 by two laning on Design, Build, Finance, Operate and Transfer (DBFOT) basis being executed by the 100% subsidiary of the company ‘MBL Highway Development Company' and another BOT project for widening and upgrading of Garra - Waraseoni-Maharashtra border section of Major District Road ("MDR") in the State of Madhya Pradesh through Public Private Partnership (PPP) on Design, Build, Finance, Operate and Transfer (DBFOT) basis being executed by the 100% subsidiary of the company 'MBL (MP) Road Nirman Company'.
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