During last week, Sadbhav Engineering Ltd informed Bombay Stock exchange (BSE) that it has been declared the succesful bidder for two road BOT projects.

On 20 March 2013, Sadbhav Engineering Ltd announced that it has bagged the two Laning with paved shoulder of Karaikudi-Ramanathapuram Section NH-210 from km 94.000 to km 174.000 in the State of Tamil Nadu to be executed as DBFOT (Annuity) basis under NHDP Phase-lll (Length 80 km).

The estimated total cost for the development of the said project stands at Rs. 382.00 Crores (US$71.2 million). The Concession Period of the project is 15  years including construction period of 2 years from the Appointed Date. There are 26 payments of Semi Annuity. The amount quoted for each Semi Annuity is Rs. 39.06 crores (US$7.2 million).

One day later,  on 21 March 2013, Sadbhav Engineering Ltd informed BSE that the Company has been declared the successful bidder for 4- Laning of Rohtak to Hissar Section of NH-10 from Km 87.000 to km 170.000 including connecting link from km 87.000 (NH-10) to km 348.000 (NH-71) to be executed as BOT (Toll) project on DBFOT pattern under NHDP Phase III in the state of Haryana (Length 98.810 Km).

The estimated total cost for the development of the said project stands at Rs. 1210.00 Crores (US$225 million). The Concession Period of the project is 22 years from the "Appointed Date". The Company has quoted Rs. 211.50 crores (US$39.3 million) towards Grants for the said Project.

Sources: BSE 1 & BSE 2