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Monday, March 21, 2011

Sadbhav Engineering bags two orders worth Rs 869.23 crore


Sadbhav Engineering has bagged two projects/ works worth aggregating Rs 869.23 crore from the Executive Engineer, Narmada Development Division 20, Mandleshwar, M. P. in joint venture with GKC Projects - Hyderabad.
The first contract worth Rs 349.30 crore comprises execution of Omkareshwar right bank lift canal including its distribution network up 40 Ha, Chak for culturable command area (CCA) of about 29947 Ha, on turn key basis from RD 51.281 Km to 125.00 Km (excluding VRB at RD 51.281 Km Wasvi- Sirsodia Road). The company will lead the joint venture with 60% participation share.
The second contract worth Rs 519.93 crore comprises execution of Omkareshwar right bank lift canal including its distribution network up 40 Ha, Chak for culturable command area (CCA) of about 28073 Ha, on turn key basis from RD 0.00 Km to 51.281Km (including VRB at RD 51.281 Km Wasvi- Sirsodia Road). The company will lead the joint venture with 40% participation share.
Recently, the company had announced that it is all set to commission 3 of its toll road projects 9 - 12 months in advance, against the original completion date of March 2013. The 97 km Bijapur Hungund toll road will be commissioned by Dec 2011.

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