Sadbhav Engineering Ltd has informed that consortium led by the Company has been awarded the project worth Rs 166.88 crore by the Government of Andhra Pradesh Irrigation and CAD Department in joint venture with Gokul Krishna Construction Pvt. Ltd. in the ratio of 52 : 48 respectively.

The scope of contract includes earth work excavation, forming embankment & construction of CD & CM works of main canal, distributory system up to water course level, CC lining to main canal and other allied works including investigation, designing of Gouravelly canal in Karimnagar District.

Ahmedabad-based Sadbhav Engineering undertakes infrastructure and engineering projects in India. It executes civil engineering construction projects primarily in the areas of roads and highways, irrigation, and mining operations.

The shares of the company gained 3% to end at Rs 1219. It touched an intraday high and low of Rs 1265 and Rs 1190 respectively.