Sadbhav Engineering wins Rs 140 crore highway project in Odisha

Infrastructure company Sadbhav Engineering has won a Rs 140-crore project in Odisha for widening a highway stretch.

"Our company has been awarded the project by the Chief Engineer, Roads, Bhubaneshwar, Odisha, for a aggregating value of Rs 139.5 crore," Sadbhav Engineering said in a filing to the BSE today.

The company said the project pertains to widening and strengthening of Raj-Athagarh-Narsinghpur Road to two-lane under State Highways Development Project on engineering, procurement and construction basis.

"The construction period is 24 months and the defect liability period is 24 months for the project highway and 60 months for any structures and major bridges from the date of provisional certificate of completion," it added.

It said the maintenance period for the highway is for 24 months from the date of completion.

Shares of the company were trading at Rs 89.50 ascrip, up 0.56% from the previous close on the BSE.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Jaitley must have a workable gameplan

    While governments, irrespective of their political hues, cannot be faulted for mobilising non-tax revenues, overtly relying on these sources of fundin

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schoettli

It’s time for Japan to step out of its shell

The execution of a Japanese hostage by ISIS has sho­cked ...

Zehra Naqvi

The urge to tell stories

One wants to tell a story, like Scheherzade, in order ...

Bubbles Sabharwal

Truth about truth

The question to ponder is, “is it the truth because ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture