Sadbhav Engineering Ltd today said its 51:49 joint venture, Sadbhav Prakash Joint Venture with PBA Infrastructure Ltd, had bagged a Rs 297-crore 'four-laning' project in Aurangabad.
In a communique to the Bombay Stock Exchange, Sadbhav Engineering said that the project entails four-laning of Jalna road, Beed bypass and Zalta bypass Km. 0/00 to km. 2/850.
The order was awarded to Sadbhav Prakash Joint Venture by the executive engineer, World Bank Project Division, and the concession period of the project is 23 years and 6 months.
Earlier this month, Sadbhav had secured orders worth Rs 216.34 crore from the irrigation and CAD department, government of Andhra Pradesh.
The joint venture with PBA Infrastructure Ltd had bagged a Rs 142.36 crore road construction project from Maharashtra Airport Development Company Ltd to construct roads in the Nagpur airport in March this year.
Sadbhav Engg bags Rs 297crore road project
Press Trust Of India / Mumbai Nov 29, 2006, 21:02 IST