
Project Update15 Apr 2026, 11:04 am
Markolines Bags ₹29.37 Cr Multiple Work Orders from Andhra Pradesh
AI Summary
Markolines Pavement Technologies Ltd has accepted multiple work orders from the Sports Authority of Andhra Pradesh, I.G.M.C. Stadium, Vijaywada, totaling ₹29,37,75,305.93. The orders include the development and upgradation of Indira Gandhi Municipal Corporation Stadium in Vijaywada, valued at ₹16,95,25,419.70, and the construction of an Indoor Hall at Pathrunivalasa, District Srikakulam, Vijaywada, valued at ₹12,42,49,886.23. Both projects are domestic, have a completion period of 9 months, followed by a 24-month Defect Liability Period and a 1-month Grace Period. The company confirmed that no promoter or promoter group has any interest in the awarding entity, and these are not related party transactions.
Key Highlights
- Markolines secured multiple work orders worth ₹29.37 Crores.
- Orders are from Sports Authority of Andhra Pradesh for sports infrastructure.
- Projects include stadium upgrade and indoor hall construction in Vijaywada.
- Both projects have a 9-month completion period.
- The orders are domestic and not related party transactions.