Sadbhav Infra secures Rs.549 cr road contract

In order to add to its project portfolio in the road and highway sector, Sadbhav Infrastructure Projects, a subsidiary of Sadbhav Engineering Ltd, has been declared as the lowest bidder for a road project involving Rs.549 crore by the NHAI. The project commands scope of work for four lanning and connectivity to Vishakhapatnam Port Road in Andhra Pradesh under port connectivity of Bharatmala Pariyojna. The construction period of the project is 550 days from appointed date and the operation period will be 15 years from the date commercial operations. The company undertakes turnkey contractual works, other than civil construction, of the projects with portfolio consisting of total 18 projects, which includes 10 build operate and transfer (BOT) projects and 7 Hybrid Annuity Mode, said an official spokesperson.