Maharashtra Airport Development Co has placed an order valued at Rs.142.36 crore on a 50:50 joint venture between PBA Infrastructure and Sadbhav Engineering. The order involves construction of roads in the proposed multi-modal international passenger and cargo hub project at Nagpur (also known as MIHAN), being promoted by MADC. The joint venture will be known as "PBA-Sadbhav Joint Venture".

The order, placed by MADC's selection committee, is subject to the approval of the board of directors of MADC.

In another independent development, PBA Infrastructure also bagged a contract valued at Rs.4.29 crore for training of the Mithi River from CST Road to Powai (designated as Group No.1 in the Mithi River project nomenclature). It also won an order worth Rs.2.35 crore for periodic renewal of Panvel-Mahad Panji Road on NH-17. The order was placed by National Highways Division (Pen, Raigad).

Related Links:

Project profile of MIHAN