Sadbhav Engineering’s Joint Venture (JV) 'Sadbhav-Pipl' has been awarded the project/work by the Ministry of Road Transport & Highways State Public Works Department B&R Branch, Government of Punjab. The contract is for development of Four Lanes with paved side shoulders of Tapa to Bathinda Section of NH-64 [New NH No. 7] from existing Km 168.00 to Km 209.405 in Punjab on Engineering Procurement and Construction (EPC) mode. The contract worth Rs 453.78 crore is for a period of 2 years. The company will lead the joint venture with 51% participation share.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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