Roads are backbone of any Economy and the rapidly growing Indian economy has
increased the demand for a robust road infrastructure.
While this remains a fact it is not realistic to obtain funds for up-gradation of the National Highways, from the public endowment alone, the Government has taken a policy decision to involve private sector for the development of NH on Build-operate-transfer (BOT).
Today, I would like to make special mention about our development business, namely Sadbhav Infrastructure Project Limited(SIPL), a subsidiary of SEL. This company was incorporated as an asset holding company for road and other Infrastructure BOT projects in 2007. The essential task of SIPL has been development, operation and maintenance of road infrastructure assets. SIPL undertakes turnkey contractual works, other than civil construction, of the projects. Sadbhav focus in building a sizable asset base in the road BOT project.
You may be glad to learn that Sadbhav Infrastructure Project Limited. already has 10 BOT projects with total lane kms of 2595.92. 6 are operational, 1 is partially operational and 3 are under development.