Sadbhav Engineering secures new projects worth Rs.297 Crores

Sadbhav Engineering Ltd has announced that the Company has been awarded the project "Providing Four laning to Aurangabad-Jalna Road (MSH-6) Km. 10/400 to 60/200, Beed Byepass km. 292/500 to 305/600 and Zalta Byepass Km. 0/00 to km. 2/850" in the Joint Venture known as 'Sadbhav Prakash Joint Venture' in the ratio of 51:49 from the Executive Engineer, World Bank Project Division, Bandhakam Bhavan, Behind Old High Court, Adalat Road, Aurangabad (M.S). The Contract Value of the said project stands at Rs 297 Crores. The other partner of the Joint Venture is M/s. PBA Infrastructure Ltd. The Concession Period of the project is 23 years and 6 months.

Source : Equity Bulls

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