Sadbhav Engineering has signed the supplementary agreement to concession agreement for two step-down subsidiaries where Deferment of Premium has been approved by National Highway Authority of India (NHAI).
These two projects are Hyderabad - Yadgiri 4 Laning, undertaken by Hyderabad Yadgiri Tollway, a step-down subsidiary of the company and Rothak Panipat 4 Laning, undertaken by Rothak Panipat Tollway, a step-down subsidiary of the company. Deferment of Premium will commence from the Financial Year 2014-15.
Sadbhav Engineering (SEL) is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.
