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Sadbhav Engineering’s arm receives COD for Hyderabad- Yadgiri project

11 Dec 2012 Evaluate

Sadbhav Engineering’s - step-down subsidiary and a special purpose vehicle (SPV) - Hyderabad- Yadgiri Tollway (HYTPL) has achieved commercial operational date (COD) for entire 100% project length on December 10, 2012.

The project is for design, engineering, construction, development, finance, operation and maintenance of 4 laning of Hyderabad- Yadgiri Section from km 18.600 to km 54.000 of NH-202 in the state of Andhra Pradesh under NHDP Phase-Ill on DBFOT (Toll) Basis.

Accordingly, HYTPL has been authorized by National Highway Authority of India (NHAI) to collect the Toll from December 10, 2012 and actual toll collection has already been started.

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.

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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