Sadbhav Engineering has been declared the lowest bidder for 4-laning of NH-24 extension. In an interview to CNBC-TV18, Nitin Patel, ED of Sadbhav Engineering spoke at length about basic details.

On track to meet order inflow guidance of Rs 6,000-7,000 cr: Sadbhav Engineering

The Prabhudas Lilladher Infrastructure Day kicks off this morning. In an interview to CNBC-TV18, Nitin Patel, ED of Sadbhav Engineering, from the sidelines of the conference, gave a sense of their 2018 outlook.

Specific Relief Amendment Bill: Here's what experts have to say

On Friday, the government tabled the Specific Relief Amendment Bill in parliament. The amendments in the bill, if approved, will make it easier to enforce infrastructure contracts. That's not all, the amendments also provide for specific relief to select categories of infrastructure projects. In an interview to CNBC-TV18, Satish Parakh, MD of Ashoka Buildcon and Alok Deora of IIFL Wealth discussed this Specific Amendments Bill.

Almost 35-40% of business comes from rural areas: Sadbhav Engineering

Sadbhav Engineering has received provisional certificate for completion of 170 km of Mysore-Bellary Highway. In an interview with CNBC-TV18, Nitin Patel, ED of the company spoke about the latest happenings in his company and sector.

Expect enough traction for highway sector in coming years: Sadbhav Engineering

Sadbhav Engineering is in focus because the market is getting extremely positive about road contracting companies, road builders and infrastructure majors. In an interview to CNBC-TV18, Nitin Patel, ED of Sadbhav Engineering gave the growth outlook for the company.

See a lot of groundwork regarding river linking project: Sadbhav Engineering

A recent note by PhillipCapital reveals that water infrastructure can be the next big theme given the eleven lakh crore national river linking project that envisions connecting 37 rivers through 30 links comprising of a network of over 50 dams and more than 15,000 kilometres of canals.

Sadbhav Engineering wins contract for Gujarat project

The project is for development of land for smart industrial port city (SIPC) in Kandla at Kandla-Gandhidham- Adipur complex, the company said in a filing to the BSE today.

See pickup in road projects execution; expect 15-18% revenue growth in FY18: Sadbhav Engg

“Execution in road projects has picked up and more particularly EPC projects, which have been awarded one and a half to two years back, are there in fast track of execution,” Nitin Patel, ED of Sadbhav Engineering told CNBC-TV18.

Sadbhav Engg sees cost of funds going down by Rs 70 cr in FY17

Speaking to CNBC-TV18 Nitin Patel of Sadbhav Engineering said that growth in tolling revenue and traffic are key triggers for the company. The company has completed refinancing 5 special purporse vehicles (SPVs) and margins are expected to go up, he said.

Acquisition woes need to be sorted to meet road targets:Sadbhav

National Highway Authority in India (NHAI) has raised the FY17 target for constructing roads which will be beneficial to companies such as Sadbhav Engineering, says its ED Nitin Patel.

To use stake sale funds for reducing debt: Sadbhav Infra

The company received Rs 72 crore from the stake sale in Mumbai-Nashik Expressway, which was sold to BIF India Holding, said Nitin Patel, ED, Sadbhav Infra.

Seen 7-17% traffic growth across SPVs in 3 qtrs: Sadbhav

Sadbhav Engineering is in focus as the company has won orders worth Rs 905 crore. Discussing the details, its ED Nitin Patel said the turnover from these projects will start contributing from Q3FY16.

Will focus on completing under construction projects: HCC

The company is also seeing a significant pick-up in commercial vehicle sales.

Seeing double-digit traffic growth on some routes: Sadbhav

Nitin Patel, executive director, Sadbhav Engineering says the road sector order book stands at 50 percent of the company‘s overall order book.

Karnataka proj to generate better margins: Sadbhav Engg

The Karnataka Road Project, a World Bank funded project is likely to get excise and duty exemptions, which in turn will reduce the cost of the material and generate additional margins, said Nitin Patel of Sadbhav Engineering.

Gammon to buy Sadbhav's 20% in Mum-Nasik E-way for Rs 72 cr

Discussing the details of the deal, Kishor Kumar Mohanty, MD, Gammon Infrastructure, said it makes an investment sense for both parties as Sadbhav was a minority stakeholder.

Expect additional revenue in next quarter: Sadbhav Engg

The company is also anticipating more positive numbers in the quarter ahead.

Land Act ordinance to help save time, costs: Sadbhav

According to Nitin Patel, ED, Sadbhav Engineering, the fact that the compensation clause has remained unchanged will have little impact on infrastructure companies.

Sadbhav Engg to acquire stake in 2 SPVs from JV partner

In an interview to CNBC-TV18, Nitin Patel, ED, Sadbhav Engineering, discusses details of the transaction and the company‘s plans ahead.

Sadbhav eyes 9.5-10% margins from Rs 200cr order wins

Nitin Patel, ED, Sadbhav Engineering expects some work to get executed in the current fiscal itself and believes the Rs 200 crore worth project will take two years for completion.

Awaiting CCEA meet minutes; 2-3 projects may gain: Sadbhav

Sadbhav Engineering feels that around 2-3 projects may fall under the category of rescheduling its premiums. However, they are still awaiting minutes of its meeting by the Cabinet Committee on Economic Affairs.

Sadbhav Engg eyes Rs 200cr via rights/pref issue

The fund raising is a two part step involving preferential allotment and detachable warrant issue. The subscription time for the warrant is 12-months from the date of issue of the right shares.

8 projects operational, co may securitise assets: Sadbhav

Nitin Patel, ED, Sadbhav Engineering, says that recently the company as emerged as a successful bidder for the two lane project in Tamil Nadu. The project is based on annuity basis. The company has also submitted another bid for Rohtak-Hissar project for Rs 1300 crore, the results for which is expected today evening.

Rajasthan, Maha projects to generate rev by FY16: Sadbhav

Sadbhav Engineering expects to complete its mega projects, worth nearly Rs 2,000 crore each, in Maharashtra and Karnataka in about thirty months. Nitin Patel, ED, talking to CNBC-TV 18, says that the Rajasthan project will get clearance by the second or third week of March, and the Maharashtra project by the end of April.

Sadbhav Eng bags 2 NHAI orders; growth on high gear

In an interview to CNBC-TV18, Nitin Patel, ED, Sadbhav Engineering was gung-ho about bagging two consecutive NHAI projects and stated that the company plans to grow around 20% in FY13