Sadbhav Engineering’s JV emerges as successful bidder for project worth Rs 249.65 crore

25 Jul 2013 Evaluate

Sadbhav Engineering’s joint venture (JV) - Corsan Corviam Construccion S.A. has been declared as the successful bidder (L1) in respect of the bid invited by the Chief General Manager (Tender), Delhi Metro Rail Corporation for contract value of Rs 249.65 crore. The company’s share of interest/participation in the JV shall be 40%.

The scope of project is part design and construction of elevated viaduct from Mundka to Tikri Border, (Chainage 16397.128 to 22703.647), siding at Tikri Border and four elevated stations viz. MIE, Ghevra, Tikri Kalan & Tikri Border including architectural finishing, water supply, sanitary installation, drainage and civil works related to E & M of Mundka-Bahadurgarh Corridor of Phase-Ill of Delhi MRTS (Delhi Portion).

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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