MoneyWorks4Me

Sadbhav Engineering emerges as lowest bidder for mining project worth Rs 317.11 crore

07 May 2018 Evaluate

Sadbhav Engineering has been declared the successful bidder (L1) in Reverse Auction Process in respect of the bids invited by South Eastern Coalfields, Chhattisgarh, for the mining project/work for contract value of Rs 317.11 crore.

The project is for hiring of HEMM for OBR and other allied activities for a quantity of 50.18 million BCM with 45,826 BCM per day for a period of 1095 days at Gevra OC Gevra Area Tah. Katghore, District Korba, CG.

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 project an s, 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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