The Company has been awarded the project for Development and Operation of Bikaner - Suratgarh Section of NH-62 in the State of Rajasthan through Public-Private Partnership on DBFOT (Toll) Basis by PWD, Rajasthan. The Project entails two laning with paved shoulder of Bikaner - Suratgarh Section of NH - 62 (Km 553/869 of NH - 11 to Km 173/000 of NH - 15 via Km 10/630 of NH - 62) in the State of Rajasthan. The length of the highway is about 172.384 km. The Project had commenced commercial operations (toll collections) since 17.02.2019 for 90.86% of its 172.384 km.The concession period is 16 years.The project is being executed by Suratgarh Bikaner Toll Road Company Pvt.Ltd.The Company holds 100% of the equity share capital in Suratgarh Bikaner Toll Road Company Pvt. Ltd and has investment of Rs 185 crores.
The Company has successfully completed the execution of Strengthening & Widening of Waraseoni-Lalbarra Road of Madhya Pradesh on BOT (Toll+Annuity) Basis by Madhya Pradesh Road Development Corporation Limited (MPRDC). The concession period is 15 years. MPRDC will make annuity payments every 6 months. Besides this, MBL shall also have the right to collect toll. The total length of the project highway is 18.303 km. The Project is being Operated & Maintained through a 100% owned subsidiary - MBL (MP) Toll Road Company Limited.