MoneyWorks4Me

Sadbhav Engineering’s JV emerges as successful bidder for project worth Rs 471.78 crore

17 Dec 2012 Evaluate

Sadbhav Engineering’s joint venture (JV) - Sadbhav-Annapurna has been declared as the successful bidder for contract value of Rs 471.78 crore in respect of the bid invited by Bharat Cocking Coal (A subsidiary of Coal India) Dhanbad.

The contract includes hiring of HEMM for removal of OB, extraction and transportation of coal from Khudia, Palasia, GP (Top), GP (Bottom), Brindabanpur (Top & Bottom) and Kalimati group of seams at Basantimata- Dahibari Patch of Dahibari Colliery of C.V. Area.

The total quantity for the removal of over burden (OB) is 397.34 LCM and extraction of coal is 65.54 LMT. The company will lead the joint venture with 80% participation share.

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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