Sadbhav Engineering bags Rs 212 crore highways project in Rajasthan

NEW DELHI: Infrastructure firm Sadbhav Engineering today said it has won a Rs 212 crore highways project from NHAI in Rajasthan.

"The Company has been declared the successful bidder in respect of the bid invited by National Highways Authority of India (NHAI) for...widening and strengthening of Jodhpur- Barmer Section of NH-112," it said in a filing to the BSE.

The project falls under National Highway Development Project (NHDP), phase IV to be constructed under engineering, procurement and construction mode.

"The quoted contract price for the said project is Rs 212.40 crore. The Construction Period of the project is 910 days (2.5 Years) from appointed Date," the company said.

It added that the maintenance period for the Project is for four years.

The company scrip closed at Rs 94.30, up 3.85 per cent on the BSE.