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Press Releases

MARG SIGNS MOU WITH BSNL

~ BSNL to provide world class telecommunication facilities at MARG Swarnabhoomi ~

Chennai, June 1, 2009: MARG Limited, India's fastest growing integrated infrastructure company, today inked an MoU with BSNL, India's leading telecommunication company, to provide world class telecommunication facilities in the upcoming mega infrastructure project, MARG Swarnabhoomi. As part of the MoU, BSNL will provide complete telecom solutions, including voice, data, WiFi hotspots, video and audio conferencing facility, broadband, leased lines and wireless services at MARG Swarnabhoomi.

The MoU was signed in the presence of Mr. J. Krishnamaraju, General Manager (Business Development), Chennai Telephones and Mr. Vivek Harinarain, Executive Director - Industrial Clusters, MARG Ltd.

Speaking on the occasion, Mr. Harinarain said, "We are committed to providing the occupants of MARG Swarnabhoomi reliable and state-of-the-art secured networks with a bouquet of voice, video and data services at competitive prices on a single window basis. We are pleased to partner with BSNL in this endeavour."

BSNL will cater to all the telecommunications requirements of the industries, hospitals, school, and residential buildings coming up in MARG Swarnabhoomi. The basic infrastructure to lay the cables and exchange facilities will be provided by MARG.

Says Mr. Krishnamaraju, "BSNL is pleased to partner with MARG in their endeavour to make Swarnabhoomi the preferred destination for the industry and individuals. The partnership provides us an opportunity to ensure that the neo city occupants are offered the strongest and best in class telecom services."

Various services that will be provided by BSNL include landlines with CLIP phones, free phoner plus services, free centrex in each apartment block, mobile services, Broadband and WiFi services, EPBAX and voice solutions, Mobile CUG, VSAT solutions, Blackberry solutions and smart PCOs etc. BSNL will also take care of the specific needs of various types of industries that will come up in the two SEZs.

ABOUT MARG SWARNABHOOMI

MARG Swarnabhoomi – the 24 carat neo city is promoted by New Chennai Township Pvt Ltd., a wholly owned subsidiary of MARG Limited. It is located off the scenic East Coast Road connecting Chennai and Puducherry at a distance of 75 kms from Tiruvanmiyur, Chennai and 60 kms before Puducherry. The mega-infrastructure project of MARG has two special economic zones catering to Engineering and Multi-services sectors along with a proposed Science Park to help foster R&D facilities. MARG Swarnabhoomi offers state of the art infrastructure like light rail transit, auto mechanized parking and prefab construction. In addition, 15000 apartments, shopping areas, multiplexes, golf course, theme park, hotels and convention centres make for a lifestyle that one can only dream of.

More information on MARG Swarnabhoomi is available on http://www.margswarnabhoomi.com

ABOUT MARG LIMITED

MARG Ltd., formerly MARG Constructions Limited is among India's fastest growing diversified infrastructure development companies. Established in 1994, MARG Ltd is head quartered in Chennai and promoted by the first-generation entrepreneur Mr. GRK Reddy.

The company pioneered infrastructure development on the Chennai IT Corridor. The company's business roadmap encompasses 4 broad verticals – EPC Contracting – which has over 500 man years of technical experience in handling deep excavation works, high rise buildings, Power sub-stations, High power (above 132 KV) transmission lines, Marine Infrastructure, Industrial Clusters and Living Spaces.

The company's prestigious projects include Karaikal Port, MARG Swarnabhoomi, Riverside Mall, Tapovan, Pushpadruma, and Hotels & Convention Centres.

The company's esteemed clientele include market leaders such as Scope International (Standard Chartered Bank), TATA Consultancy Services, Satyam Computer Services, BHEL, Enercon India and Slash Support Systems.

More information is available at www.marggroup.com