MoneyWorks4Me

Sadbhav Infrastructure emerges as lowest bidder for 2 road projects

29 Mar 2016 Evaluate

Sadbhav Infrastructure Project has been declared as the lowest bidder (L1) for 2 projects in Uttar Pradesh and Uttarakhand under government's flagship road building programme -- National Highways Development Project (NHDP).

The company has been declared as the lowest bidder for four-laning of about 43 km of Rampur-Kathgodam section of NH 87 (New NH 9) in Uttar Pradesh and widening of another about 50 km stretch of the Rampur-Kathgodam section of NH-87 (New NH 9,109) in Uttarakhand. Both the packages have been awarded under NHDP hybrid annuity mode.

Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), was incorporated in 2007 as a developer and operator for highways, road and related projects on a BOT basis.

Peers
Company Name CMP
Larsen & Toubro 3629.90
Kalpataru Projects 1417.95
NCC 123.30
Rail Vikas Nigam 192.80
KEC International 362.70
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