Sadbhav Engineering’s Special Purpose Vehicle (SPV) Shreenathji-Udaipur Tollway will commence construction from April 18, 2013. The project is for Four Laning of Gomati ka Chauraha - Udaipur section of NH-8 (from Km 177/000 to Km 260/100) in the state of Rajasthan under NHDP Phase IV on Design, Build, Finance, Operate and Transfer (toll) basis. National Highways Authority of India (NHAI) vide its dated April 08, 2013 has declared April 18, 2013 as appointed date for the project.
The concession period of 27 years including construction period of 910 will start from April 18, 2013 being appointed date.
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.