Sadbhav Engineering today said it has bagged a road project from the National Highways Authority of India (NHAI).
"The proposed total cost of development of the project stands at Rs 1,350 crore," Sadbhav Engineering said in a statement to the National Stock Exchange (NSE).
The scope of the road project includes four-laning of Rohtak to Panipat section of National Highway-71A in Haryana on BOT (build-operate-transfer) basis.
The concession period of the project is twenty-five years that includes construction period of 910 days from the appointed date, it added.
Yesterday, the construction firm said it has bagged an order worth Rs 490 crore from NHAI for four-laning of highway in Hyderabad.
Shares of Sadbhav Engineering were trading at Rs 1,251.10, up 2.74 per cent in afternoon trade on the NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app