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Gayatri Projects wins Rs 1,255-crore highway contract

The contract involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km

Hyderabad-based limited has bagged Rs 1,255 crore in joint venture with Russian construction company PTPS for engineering, procurement and constriction (EPC) basis from the National Authority of India.

The involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km. The project is under the fourth phase of the National Development Programme ( NHDP-4).

"This is a strong signal of the management's commitment to capitalise on the growing EPC opportunities, and comes on the close heels of winning several new projects ranging from national highways to water distribution and underground mining. In the last 18 months, the company's order book has more than doubled to over Rs 10,000 crore on a robust inflow of orders, all of which have been through the EPC model," the company said in a filing with Bombay Stock Exchange.

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Business Standard
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Business Standard

Gayatri Projects wins Rs 1,255-crore highway contract

The contract involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km

B Dasarath Reddy  |  Hyderabad 

Image via Shutterstock
 

Hyderabad-based limited has bagged Rs 1,255 crore in joint venture with Russian construction company PTPS for engineering, procurement and constriction (EPC) basis from the National Authority of India.

The involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km. The project is under the fourth phase of the National Development Programme ( NHDP-4).

"This is a strong signal of the management's commitment to capitalise on the growing EPC opportunities, and comes on the close heels of winning several new projects ranging from national highways to water distribution and underground mining. In the last 18 months, the company's order book has more than doubled to over Rs 10,000 crore on a robust inflow of orders, all of which have been through the EPC model," the company said in a filing with Bombay Stock Exchange.

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Gayatri Projects wins Rs 1,255-crore highway contract

The contract involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km

The contract involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km
Hyderabad-based limited has bagged Rs 1,255 crore in joint venture with Russian construction company PTPS for engineering, procurement and constriction (EPC) basis from the National Authority of India.

The involves rehabilitation and upgradation to 4-laning of Angul-Sambalpur section of NH-42 covering a length of 153 km. The project is under the fourth phase of the National Development Programme ( NHDP-4).

"This is a strong signal of the management's commitment to capitalise on the growing EPC opportunities, and comes on the close heels of winning several new projects ranging from national highways to water distribution and underground mining. In the last 18 months, the company's order book has more than doubled to over Rs 10,000 crore on a robust inflow of orders, all of which have been through the EPC model," the company said in a filing with Bombay Stock Exchange.

image
Business Standard
177 22

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