Gammon Infrastructure Projects’ wholly owned subsidiary - Pravara Renewable Energy (PREL), has completely synchronized its 30MW bagasse based cogeneration power project at Pravaranagar, Ahmednagar district in the state of Maharashtra on November 06, 2015 and started the commercial production of electricity and export of power to state grid.
PREL has signed the power purchase agreement with Maharashtra State Electricity Distribution Company for 13 years on the preferential tariff as decided by Maharashtra State Electricity Regulatory Commission from time to time.
Gammon Infrastructure Projects is an infrastructure project development company incorporated by Gammon India, to participate in the development of infrastructure projects on a public private partnership (PPP) basis.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3953.90 |
| Rail Vikas Nigam | 272.00 |
| NCC | 151.85 |
| KEC International | 563.95 |
| Kalpataru Projects | 1171.40 |
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