Sadbhav Infra bags 2 road projects worth Rs 1,568 cr from NHAI

PTI

New Delhi, March 21

Sadbhav Infrastructure Project has bagged two road projects worth Rs 1,567.92 crore from NHAI in Gujarat and Andhra Pradesh.

“The company has received a letter of award from the National Highways Authority of India (NHAI) for a new hybrid annuity project in Andhra Pradesh. Project bid price is Rs 520.3 crore,” Sadbhav Infrastructure Project said in a BSE filing today.

The project is for a four-lane connectivity to Visakhapatnam Port Road from 0.00 km to 12.700 km in Andhra Pradesh.

In a separate filing, the company said it has received a letter of award from NHAI for new a hybrid annuity project worth Rs 1,047.62 crore in Gujarat.

“The project is for upgradation to four lane with paved shoulder of Bhimasar Junction of NH-41 to Anjar-Bhuj up to Airport Junction from 0.00 km to 65.478 km of NH-341 in Gujarat,” the company said.

The company shares were trading up by 1.03 per cent at Rs 127.25 on the BSE.

Published on March 21, 2018
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