Gayatri Projects bags order from Gujarat Energy Transmission Corporation

16 Jun 2011

Gayatri Projects has bagged new order for supply and erection work of 400KV D/C Mundra- Zerda line no. 1 on turnkey basis package III 156.103km from Gujarat Energy Transmission Corporation.

As per the company estimates the cost of the project will be Rs 42.47 crore and Rs 7.58 crores for supply and erection work respectively.  The total cost of the project will be 50.06 crore.

Recently, Gayatri Projects’ board of directors have given their approval for providing sponsor undertaking to NCC Power Projects to the extent of Rs 993.53 crore, for the proposed 2 X 660 MW coal based thermal power project in Nellore district of Andhra Pradesh. This project is being promoted / sponsored by GEVPL (Wholly owned subsidiary of GPL) and NCC Infrastructure Holdings, which is a subsidiary of NCC.

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