Sadbhav Engineering emerges as the successful bidder in respect of the bid invited by National Highways Authority of India (Ministry of Road Transport and Highways) G-5&6, Sector-10D, Dwarka, New Delhi - 110075 for the project of Four laning of Rajsamand-Bhilwara Section of NH-758 (from km 0.000 to km 872.250) under NHDP Phase IV in the State of Rajasthan on DBFOT (Toll) Basis.
The estimated total cost of development for above project stands at Rs 720 crore. The concession period of the project is 30 years from appointed date. The company is eligible for grant of Rs 266.40 crore (39.30% of tender project cost).
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.