MoneyWorks4Me

Sadbhav Infrastructure’s arm achieves financial closure within stipulated timeline

01 Nov 2017 Evaluate

Sadbhav Infrastructure Project’s wholly owned subsidiary - Sadbhav Udaipur Highway (SUDHPL) has achieved financial closure within the timeline stipulated in accordance with the Concession Agreement dated June 6, 2017.

The project is for six lane of green-field proposed Udaipur Bypass (Connection between NH-76 at existing Km 118+500 at Debri to NH-8 Km 287+400 at Kaya Village (Udaipur bypass length 23.883)) on Hybrid Annuity Mode, Package-IV under NHDP phase V in the State of Rajasthan.

With this, the company has achieved financial closure for six Hybrid Annuity Projects (HAM) within the stipulated timeline in accordance with the respective concession agreement.

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.


Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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