Sadbhav Infrastructure Project has bagged two road projects worth Rs 1,567.92 crore from NHAI in Gujarat and Andhra Pradesh.

“The company has received a letter of award from the National Highways Authority of India (NHAI) for a new hybrid annuity project in Andhra Pradesh. Project bid price is Rs 520.3 crore,” Sadbhav Infrastructure Project said in a BSE filing today.

The project is for a four-lane connectivity to Visakhapatnam Port Road from 0.00 km to 12.700 km in Andhra Pradesh.

In a separate filing, the company said it has received a letter of award from NHAI for new a hybrid annuity project worth Rs 1,047.62 crore in Gujarat.

“The project is for upgradation to four lane with paved shoulder of Bhimasar Junction of NH-41 to Anjar-Bhuj up to Airport Junction from 0.00 km to 65.478 km of NH-341 in Gujarat,” the company said.

The company shares were trading up by 1.03 per cent at Rs 127.25 on the BSE.

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