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.


  • EPFO would do well to have better risk management of available cash

    The Employees’ Provident Fund Organisation (EPFO) is apparently revisiting its decision to invest about Rs 6,000 crore in stocks this year.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Amita Sharma

Smart cities for the smart citizens

The 21st century has been spoken of as the urban ...

Zehra Naqvi

The prejudiced childhood

Sometimes the most unusual things can remind you of the ...

Gautam Gupta

To read about online videos, click here

ONce, not so long ago, exhorbitant costs had made sure ...


William D. Green

Chairman & CEO, Accenture