Sadbhav Engineering has been declared as lowest bidder (L-1) by National Highway Authority of India (NHAI) for a new project. The company has quoted Rs 981 crore and NHAI has estimated Rs 896.22 crore.
The project is for construction of NH-24 Extension 4-lane bypass starting from Behta Road and terminating at Sitapur Road Chainage in the State of Uttar Pradesh. The project completion period is 3 years and length of the project is 32.895 km.
Sadbhav Engineering 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.