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Sadhav Engineering bags highway contract; agreement soon

Tuesday, 11 Jul 2006
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Sadbhav Engineering has bagged a downstream order from Punj Lloyd for an integrated improvement and maintenance on a 195-km stretch from Lalsot to Kota Road in Rajasthan. (Contract package: LJ-1).  The project involves widening of the 195 km stretch of existing road to two lanes with a total width of 10.5m including hard-paved shoulders.

Confirming this development, senior officials from Sadbhav Engineering told ProjectsToday that a formal agreement including the performance guarantee will be signed with Punj Lloyd on Monday, 17 July 2006.

Work on the order, valued at Rs.293.42 crore, will begin by end-July 2006 with completion targeted within 21 months. The maintenance work would take place for five years from the time the improvement work is completed.

It may be mentioned that the contract is a downstream order valued at Rs.302 crore that was placed on Punj Lloyd by Road Infrastructure Development Co of Rajasthan in early June 2006.

[Note: RIDCOR is a joint initiative between the Rajasthan government and IL&FS.]

Also See:

Punj Lloyd bags order worth Rs.302 crore from RIDCOR (12-Jun-06)

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