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Markolines Secures ₹135.20 Crore BMC Orders for Mumbai Roadworks

Markolines Secures ₹135.20 Crore BMC Orders for Mumbai Roadworks
Markolines Pavement Technologies Limited
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Mumbai:  Markolines Pavement Technologies Ltd., a leading highway operations and maintenance (O&M) and specialised infrastructure solutions company, on Thursday announced that the company has secured two Letters of Acceptance-cum-Work Orders from the Brihanmumbai Municipal Corporation (BMC), aggregating to ₹135.20 crore (inclusive of GST).

The work orders encompass microsurfacing and resurfacing activities across two of Mumbai’s key arterial road networks:

  • Eastern Express Highway (EEH): Resurfacing of critical portions through microsurfacing, with a contract value of ₹63.23 crore (inclusive of GST).
  • Western Express Highway (WEH): Improvement of the main carriageway using microsurfacing techniques, with a contract value of ₹71.97 crore (inclusive of GST).

Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, said, “Securing these significant work orders from BMC marks an important milestone for Markolines and reflects the confidence placed in our technical expertise and execution capabilities. The Eastern and Western Express Highways are among
Mumbai’s most critical transportation corridors and being entrusted with their resurfacing further reinforces our position in specialised pavement maintenance solutions. We remain focused on strengthening our presence in the highway operations and maintenance segment, leveraging our specialised capabilities to participate in the growing opportunities in India’s road infrastructure sector.”

Vijay Oswal, Founder and Chief Financial Officer, Markolines Pavement Technologies Limited, added, “With the addition of these work orders, our total current unexecuted order book has reached ₹624.22 crore, providing enhanced business visibility and a strong foundation for our growth journey. Our priority will be to ensure efficient execution through disciplined project planning, optimal resource allocation and stringent cost management. We
remain focused on converting our growing order book into sustainable business performance while maintaining operational and financial discipline.”

These projects further strengthen Markolines’ presence in the highway operations and maintenance segment and underscore its ability to deliver specialised pavement solutions for critical road infrastructure. The work orders also give the Company an opportunity to demonstrate its technical expertise and execution capabilities on two of Mumbai’s most important and critical highway corridors.

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