Sadbhav Engineering emerges lowest bidder for 2 NHAI projects worth Rs 1,572 cr
New Delhi: Sadbhav Engineering Ltd has been declared as the lowest bidder for 2 of the highway projects by NHAI worth Rs 1,572 crore. The projects are in Gujarat and are part of Bharatmala Pariyojna.
"We have been declared as lowest bidder today by NHAI for ... 2 EPC (engineering, procurement and construction) road projects," the company said in a regulatory filing to the BSE.
One of the 2 projects is for construction of four-lane expressway from Sardar Patel ring road to Sindhrej Village(Ahmedabad) from kilometer 0-22 of the Ahmedabad Dholera Greenfield Alignment, the company said in a regulatory filing. Sadbhav’s bid for this project was for Rs 690 crore.
The second project is for construction of the four-lane expressway from Sindhrej Village to Vejalka village(Ahmedabad) from kilometer 22-48.520 of Ahmedabad-Dholera Greenfield Alignment. The bid by Sadbhav for this projects was for Rs 882 crore.