Markolines Pavement Secures ₹24.75 Cr NH-2 Highway Project in Uttar Pradesh

Team Finance Saathi

    20/May/2025

What's covered under the Article:

  1. Markolines has received a ₹24.75 crore highway rehabilitation and overlay contract for NH-2 in Uttar Pradesh.

  2. The contract involves periodic maintenance between Km 825 to Km 843 using DBM, BC, and SMA technology.

  3. The project is awarded by Varanasi Aurangabad NH-2 Tollway Pvt Ltd and must be completed by 30th June 2025.

Markolines Pavement Technologies Limited, a prominent player in the Indian road infrastructure sector, has recently been awarded a significant rehabilitation and overlay contract by Varanasi Aurangabad NH-2 Tollway Private Limited, marking another milestone in its journey of transforming national highways with modern engineering techniques.

The awarded work pertains to periodic maintenance operations on a stretch of the National Highway 2 (NH-2) between Kilometer 825 to Kilometer 843 in the state of Uttar Pradesh. This stretch is of strategic importance, connecting key locations and contributing to smooth inter-state connectivity.


Project Scope and Work Details

The nature of the contract involves the execution of Rehabilitation and Overlay works, specifically using Dense Bituminous Macadam (DBM), Bituminous Concrete (BC), and Stone Matrix Asphalt (SMA)—materials that offer enhanced durability, surface smoothness, and resistance to rutting and wear, ensuring longer road life and safety for commuters.

The project, which is categorized under periodic maintenance, is part of an infrastructure initiative aimed at preserving and upgrading existing highway assets. This type of work is essential for extending the service life of national highways and maintaining road quality in line with safety and performance standards.


Contract Value and Execution Timeline

The total contract value is ₹24,74,98,281 (inclusive of GST). This substantial order underscores the financial and operational capabilities of Markolines Pavement Technologies, which has been consistently delivering high-quality outcomes across its projects.

The contract comes with a strict execution deadline of 30th June 2025, suggesting a tight operational schedule and the need for efficient project planning and execution. Given Markolines' previous performance and engineering expertise, the company is expected to meet the project requirements within the stipulated timeline.


Awarding Authority and Background

The contract has been awarded by Varanasi Aurangabad NH-2 Tollway Private Limited, a domestic infrastructure company responsible for maintaining specific highway stretches under toll-based revenue models. The awarding entity operates within India, and the project falls under the category of a domestic contract.

There is no related party involvement in this transaction. The promoter group of Markolines has no interest in the awarding entity, and the contract does not qualify as a related party transaction. This ensures full transparency and compliance with regulatory norms.


What This Means for Markolines Pavement Technologies Limited

This order further cements Markolines' position as a trusted and leading provider of highway maintenance solutions in India. Known for its specialization in advanced pavement maintenance technologies, the company has been contributing significantly to the development and upkeep of India's expanding road infrastructure network.

Winning this order not only enhances the company’s order book but also reinforces its reputation in executing technically challenging and large-scale infrastructure projects. Such contracts are instrumental in boosting revenue, operational scalability, and investor confidence.


Materials and Technology in Use

The overlay work involves three key materials:

  • DBM (Dense Bituminous Macadam): Used as a base layer in road construction, providing structural strength.

  • BC (Bituminous Concrete): Acts as a surface layer, offering smooth ride quality.

  • SMA (Stone Matrix Asphalt): A premium, durable surface layer known for resistance to heavy traffic and rutting.

These materials are considered state-of-the-art in road surfacing, indicating Markolines' use of modern engineering techniques and materials to meet performance and durability standards.


Uttar Pradesh as an Infrastructure Growth Hub

Uttar Pradesh is fast emerging as a key infrastructure development state, with multiple national highway upgrades and projects under progress. The state is also witnessing increased private sector involvement through tollway models, BOT (Build-Operate-Transfer), and EPC (Engineering, Procurement, and Construction) contracts.

Markolines' latest contract is aligned with this larger national vision of upgrading transportation infrastructure, which is vital for economic growth, freight movement, and inter-state connectivity.


About Markolines Pavement Technologies Limited

Markolines Pavement Technologies Limited is an Indian company engaged in performance-based highway maintenance, micro surfacing, and road asset management. The company is known for leveraging innovative technologies in road engineering, offering specialized services across India.

With a proven track record in executing infrastructure projects across various geographies, Markolines has gained a reputation for engineering precision, timely delivery, and quality assurance. Their expertise includes pavement preservation techniques, preventive maintenance, and rehabilitation works, all of which are crucial in maintaining national highways efficiently and sustainably.


Conclusion: Markolines Strengthens its Infra Portfolio

The award of this ₹24.75 crore contract represents a strategic win for Markolines Pavement Technologies, reaffirming its capabilities in road maintenance and rehabilitation. As the project moves forward, it is expected to positively impact the region’s connectivity, support economic activity, and enhance the safety and longevity of a key highway corridor.

Investors, stakeholders, and infrastructure observers will be keenly watching Markolines’ execution strategy, resource mobilization, and quality control measures as it delivers on this prominent project.

With projects like these, Markolines continues to demonstrate that engineering innovation and efficient execution remain at the core of India's ambitious infrastructure growth story.

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