Markolines Pavement Technologies said its associate firm, UniqueUHPC Markolines, has received a Letter of Award ('LoA') for a construction project worth Rs 225.17 crore in Jammu & Kashmir.
The order from an Indian company, TPL- CAI JV. It entails "construction of a 24% of the Four Lanning Part of Ramban to Banihal Section of NH-1A (Now NH44), from Ch. 154+210 to Ch. 158+675 (North Bound) & from Ch. 155+940 to Ch. 160+282 (South Bound) including Construction of the Twin Tube Tunnel (Package 1) in Union Territory of Jammu & Kashmir, India on EPC mode."The duration of this projecy is 30 months. The company holds 50% equity in UniqueUHPC Markolines.
Markolines Pavement Technologies, formerly known as Markolines Traffic Controls, is a largest and only operations and maintenance (O&M) company offering one-stop solution for complete range of highway operations & maintenance services.
Shares of Markolines Pavement Technologies fell 1.31% to Rs 139.65 on Monday, 6 February 2023. The company's current market capitalisation is Rs 266.84 crore.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app