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Sadbhav Engineering Bags Rs. 1220 crore NH-13 Project From NHAI

Sadbhav Engineering today confirmed and told to the reporters that they have finalized a deal with National Highways Authorities of India (NHAI) for making four lane roads from Solapur to Bijapur NH-13.

This new and Gujarat based company said that, they are happy to won this prestigious work. This road will take a bit time. But it is going to be a big project. The road from 0.00 km to 110.542 km will be made and four lanes will be introduced there. The BOT toll will also be added.

Sadbhav Engineering Logo
Sadbhav Engineering

Many companies were the participants in the bidding ceremony, but Sadbhav won this bid. The estimated cost of the project is Rs. 1200 crore. The concession period of this deal is 20 years from the date of appointment. Now the price of the shares has grown up at Rs. 154 per piece at Bombay Stock Exchange during afternoon trade and it gone up by 3.77% over the previous day’s closing of the market.

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