Sadbhav Infrastructure emerges as lowest bidder for two road projects in Gujarat

Sadbhav Infrastructure has been declared the lowest bidder by National Highways Authority of India (NHAI) for two of its projects in Gujarat at a bid price of Rs 1,389 crore. The company has been declared lowest bidder for four-laning of Bhavnagar-Talaja and Una-Kodinar sections of NH 8E in Gujarat to be executed under the hybrid annuity mode under National Highways Development Project (NHDP). Under the hybrid annuity mode, the government provides 40% of the project cost while the developer has to arrange for the remaining 60%. 

The bid price for Bhavnagar-Talaja section was Rs 786.95 crore, while for the Una-Kodinar project it was Rs 602.51 crore. The 89 km projects are scheduled to be completed in 910 days.

Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), was incorporated in 2007 as a developer and operator for highways, road and related projects on a BOT basis.