Sadhbav Infra secures ₹1,568 cr fund for road project

Road Project
Sadbhav Infrastructure Project's wholly owned subsidiary — Sadbhav Bhimasar Bhuj Highway (SBBHPL) has recently submitted draft financing documents to National Highways Authority of India (NHAI) in relation to financial closure within the timelines stipulated in accordance with the Concession Agreement dated May 23, 2018, said an official spokesperson, adding that the company has submitted the same for project of upgradation to 4 lane with paved shoulder of Bhimasar Junction of NH-41 to Anjar – Bhuj up to Airport Junction from km 0.000 to km 65.478 of NH-341 in the state of Gujarat on Hybrid Annuity Model. Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), has also been incorporated in as a developer and operator for highways, road and related projects on a BOT basis.