MoneyWorks4Me

Sadbhav Engineering receives LoA worth Rs 737.20 crore

03 Feb 2014 Evaluate

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.

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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