Markolines wins Rs 135.2021306 crore Mumbai BMC contracts

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Markolines Pavement Technologies Limited has received two Brihanmumbai Municipal Corporation work orders worth Rs 135.2021306 crore, including applicable goods and services tax and physical contingencies, for Mumbai highway work with a six-month period including the monsoon. The 4 November 2026 disclosure covers the Eastern Express Highway and Western Express Highway.

Markolines has received two Letters of Acceptance-cum-Work Orders from Brihanmumbai Municipal Corporation, or BMC, after BMC accepted Markolines' tender offers. The combined consideration is Rs 135.2021306 crore, with both stated values including applicable goods and services tax, or GST, and physical contingencies.

The first order concerns resurfacing critical portions of the Eastern Express Highway, or EEH, through microsurfacing. Its stated value is Rs 63.231965 crore. The second covers improvement of the main carriageway of the Western Express Highway, or WEH, using microsurfacing technique, and is valued at Rs 71.9701656 crore.