Sadbhav Engineering bids successfully for Rs 382 crore project

20 Mar 2013 Evaluate

Sadbhav Engineering has been declared 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-10, Dwarka, New Delhi-110075 for project of Two Laning with paved shoulder of Karaikudi-Ramanathapuram Section NH-210 from km 94.000 to km 174.000 (Length 80 km) in the State of Tamil Nadu to be executed as DBFOT (Annuity) basis under NHDP Phase-lll.

The estimated total cost for the development of the said project stands at Rs 382.00 crore. The Concession Period of the project is 15 years including construction period of 2 years from the Appointed Date. There are 26 nos. of Semi Annuity. The amount quoted for each Semi Annuity is Rs. 39.06 crores.

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.

Sadbhav Engineering Share Price

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