Sadbhav Engineering has bagged a project worth Rs 167.46 crore for development of land for smart industrial port city (SIPC) in Kandla at Kandla-Gandhidham-Adipur complex.

“Our company has been declared the successful bidder (L1) in respect of the bid invited by... the Kandla Port Trust, Kutch district, Gujarat,” the company said in a BSE filing today.

Bid price for the project is Rs 167.46 crore and the construction period is nine months.

The company shares were trading down by 1.28 per cent at Rs 281.40 on the BSE.

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