Gayatri Projects Ltd, an infrastructure company, has bagged two orders worth Rs 2,132 crore from the Andhra Pradesh Government for construction-related works. Gayatri Projects has formed a joint venture with Ratna Infrastructure, Gayatri-Ratna Joint Venture’, to execute the projects.
Gayatri Projects holds 80 per cent in the venture, while Ratna Infrastructure Projects’ share is 20 per cent. The projects have to be executed within a period of 54 months.
The first order from superintending engineer, Dummugudem Project Circle, is worth Rs 1,360 crore for constructing the 182 km-206 km Dummugudem-Nagarjuna Sagar Project Tail pond link canal and the second order is valued at Rs 772 crore, for the 206 km-244 km Dummugudem-Nagarjuna Sagar Project Tail pond link canal.
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