Company News: Sadbhav Engineering

Sadbhav Engineering is declared as the successful bidder in reverse auction process in respect of the bids invited by South Eastern Coalfields Ltd, Chhattisgarh, for the mining project/work for contract value of ₹317.11 crore. The project is for hiring of Heavy Earth Moving Machinery for OBR and other allied activities for a quantity of 5.018 crore BCM with 45,826 (billion cubic metres) BCM per day for a period of 1,095 days at Gevra, Korba. The contract period is 1,096 days. Shares of Sadbhav Engineering ended flat at ₹371.50 on the BSE.