Sadbhav Engineering has received a Letter of Award (LoA) for Design, Build, Finance, Operate, Maintain & Transfer the Existing State Highway (SH33 & SH3) from Malavalli to Pavagada (Approx length of 193.344 Kms) on DBFOMT (Annuity) Basis in the State of Karnataka (WAP-1). The total value of this project is Rs 737.20 crore. The concession period for the project is 10 years including construction period of 30 months from the 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.