Sadbhav Engineering bags order for Rs 225 cr from CIL's subsidiary
Infrastructure firm Sadbhav Engineering today said it has bagged a contract worth Rs 225.43 crore from a subsidiary of Coal India Ltd (CIL) for mining related works.
The company has received the mining project from Mahanadi Coalfields (subsidiary of CIL), Sadbhav Engineering said in a filing to the Bombay Stock Exchange.
The scope of the work includes transportation of materials in various strata including drilling, excavation, dumping, spreading, dozing, and other allied works in specified areas, the filing added.
Shares of Sadbhav Engineering were trading at Rs 783 on the BSE, up 3.14 per cent from previous close.