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Markolines Pavement Technologies has secured multiple infrastructure work orders worth about INR 440 crore across Uttar Pradesh, Bihar, and Maharashtra, the company said on Friday. The contracts include highway maintenance, engineering, procurement and construction (EPC), and other infrastructure development works. According to the company, the total value of the orders stands at INR 439.74 crore, inclusive of GST, and the projects are scheduled to be executed over the next 12 months. The order wins underline the company's continued expansion beyond its core highway asset management and pavement technology services into larger infrastructure development projects, as it looks to strengthen its presence in India's road infrastructure sector.
Markolines Pavement Technologies has secured multiple work orders worth around INR 440 crore for infrastructure projects across Uttar Pradesh, Bihar, and Maharashtra, according to a company statement released on Friday. Advertisement
The contracts, collectively valued at INR 4,39,74,68,973 (inclusive of GST), cover a range of activities including highway maintenance, engineering, procurement and construction (EPC), and infrastructure development works.
The company said the projects will be executed across the three states over the next 12 months, further strengthening its footprint in India's road infrastructure and maintenance sector.
Commenting on the development, Sanjay Patil said the company continues to focus on delivering quality highway asset management services while gradually expanding into larger infrastructure development projects.
While our core remains highway asset management and pavement technologies, we are also strategically expanding into large-format infrastructure development projects. Our focus remains on timely delivery, quality execution and long-term value creation, he said.
Headquartered in Mumbai, Markolines Pavement Technologies provides highway operations and maintenance (O&M) services as well as specialised road preservation solutions across India. The company has been involved in a range of projects aimed at improving highway durability and extending the life cycle of road infrastructure through advanced pavement technologies.
Source:- PTI
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