MoneyWorks4Me

Sadbhav Engineering emerges as successful bidder for projects worth Rs 1,556.96 crore

10 Aug 2015 Evaluate

Sadbhav Engineering has been declared as the successful bidder (L1) in respect of the bid invited by National Highways Authority of India (Ministry of Road Transport and Highways) for two projects on EPC Mode for continuous stretch of 45.50 km for aggregating value of Rs 1,556.96 crore.

The first project is for development of six-lane Eastern Peripheral Expressway in the states of Haryana and Uttar Pradesh on EPC mode - Package-I from km 1.000 to km 22.000. The project is worth Rs 771.18 crore and the construction period is for 2.5 years. The second project is development of six-lane Eastern Peripheral Expressway in the state of Uttar Pradesh on EPC mode - Package-II from km 22.000 to km 46.500. The project is worth Rs 785.78 crore and the construction period is for 2.5 years.

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.


Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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