Infrastructure firm, Sadbhav Engineering bags order worth Rs 317.1 crore from South Eastern Coalfields.

“This is a job from South Eastern Coalfields Ltd and the value of this order is Rs 317 crore and we expect that the EBIDTA will be almost about 20-22%,” said Nitin Patel, executive director of Sadbhav Engineering.

“Considering the huge pipeline in highway sector, we should get at least around Rs 8,000-9,000 crore of new business, all put together, irrigation, mining and highway,” Patel told CNBC-TV18.