Sadbhav Engineering has been declared as the successful bidder in respect of the bid invited by Maharashtra State Road Development Corporation (MSRDC), Mumbai for accepted contract amount of Rs 319.00 crore in joint venture with Hindustan Construction Company (HCC), Mumbai. The company will lead the joint venture with more than 51% participation share.
The project is to design, build, contract on lump sum basis for construction of terminal facilities for passenger water transport along west coast of Mumbai at Marve and Borivali (Package WWT-3).
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.