With several successfully completed and ongoing projects, APCO Infratech has created new standards, overcoming the many challenges in the construction space. With diversified experience in roads, power, and industrial projects, the company has also engaged itself in EPC projects.
Incorporated in 1995, MBL Infrastructures Ltd executes civil engineering projects and provides integrated EPC services for civil construction and infrastructure projects. In recent years, the company has executed projects in 14 Indian states, including the successful completion of the 114-km Seoni-Balaghat-Gondia State Highway in Madhya Pradesh, operational since February 2008.
CRISIL Research believes two changes – back ending of premium payments and deemed termination of projects – are particularly significant. Allowing greater equity contribution by the authority is also another positive step. Further, stringent penalties on non-compliance of maintenance contracts and collection of real time traffic data would lend clarity and fix responsibility appropriately.
Although MBL Infrastructures witnessed some erosion in its bottomline in FY13 compared to FY12, its FY14 performance has been robust. Anjanee Kumar Lakhotia, Chairman & Managing Director, MBL Infrastructures Ltd
When the CW team recently met Minister of Road Transport and Highways Nitin Gadkari, he candidly stated: ´In the past year, the Ministry of Road Transport and Highways has drastically brought down stress project count to 41 from 384 projects worth Rs 3.80 lakh crore.
India has the second largest road network in the world at 4.7 million km. Following a muted response for BOT projects in FY13 and FY14, the sector has witnessed a shift, with the NHAI moving towards the EPC or cash contract mode of bidding.
MBL Infrastructures is engaged in the execution of civil engineering projects with specialisation in roads and highways. The company possesses a rich experience in road building and maintenance, and has an integrated business model for EPC and BOT projects. MBL enjoys a strong pan-India presence in terms of geographical spread.
For nearly two years, NHAI was headless as the position of full-time chairman fell vacant. Finally, Raghav Chandra took over as chairman in 2015. And in his new position, he is well on the way to make a huge impact and change the future of highways in the country. Ready for action, he shares his plans.