Sadbhav Engg bags Rs 674-cr order from CIL in Maharashtra

Sadbhav Engineering has bagged a Rs 674.20-crore contract from state-owned Coal India in Maharashtra.
In a BSE filing, the company said it has been declared successful bidder in respect of bids invited by Western Coal Fields in Maharashtra.
Western Coalfields Ltd is one of the eight subsidiaries of Coal India, which is under administrative control of the Ministry of Coal.
The work of overburden removal coal evacuation and transportation of coal at Bhanegaon (Nagpur) OCM (open cast mine) is of Rs 113.40 crore and the contract period is 5 years, it said.
The company further said the overburden removal coal evacuation and transportation of coal at Kolarpimpri extension (Wani north) OCM is of Rs 560.80 crore and the contract duration is 4.6 years, it said.

The stock ended 1.02 per cent higher at Rs 311.70 on the BSE today.