Sadbhav Engineering achieves financial closure for Ahmedabad Ring Road

Sadbhav Engineering Ltd has announced that in reference to the earlier announcement in respect of the work awarded for "Strengthening and Widening to four lane of Sardar Patel Ring Road around Ahmedabad city" on BOT Basis from Ahmedabad Urban Development Authority (AUDA), the Company has further informed that, the Company has achieved the Financial Closure on December 28, 2006 for total project cost of Rs 5149.60 millions.

Source : Equity Bulls

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