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Sadbhav Infrastructure Project’s arm submits financial closure for Gujarat project

Sadbhav Infrastructure Project’s wholly owned subsidiary — Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) in relation to Financial Close within the timelines stipulated in accordance with the Concession Agreement dated May 23, 2018.

The company has submitted the same for project of upgradation to 4 lane with paved shoulder of Bhimasar Junction of NH-41 to Anjar – Bhuj up to Airport Junction from km 0.000 to km 65.478 of NH-341 in the state of Gujarat on Hybrid Annuity Mode.

Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects. The company, a subsidiary of Sadbhav Engineering (SEL), was incorporated in 2007 as a developer and operator for highways, road and related projects on a BOT basis.

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