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Sadbhav Engineering emerges as lowest bidder for Gujarat metro rail project

22 Dec 2020 Evaluate

Sadbhav Engineering has been declared as lowest bidder by Gujarat Metro Rail Corporation (GMRC) for Construction of 11.6 K.M. Elevated Viaduct from kadarsha Ni Nal to Dream City Dead End Including Ramp for Depot entry near Dream City and 10 Stations (Exel E&M, Architectural Finishing and Roofing) for Surat Metro Rail Project Phase-1, Package-CS1 in the name of SEL-SPSCPL Joint Venture.

The bid project cost is Rs 779.73 crore and the completion period for the project is 30 months. Letter of Award (LoA) is expected to receive soon from Gujarat Metro Rail Corporation.

Sadbhav Engineering mainly operates in three core businesses namely roads, mining and irrigation.

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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