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Gayatri Projects plans to monetize BOT projects to trim debt: Report

28 Jan 2016 Evaluate

In a bid to trim debt and retrain its focus on EPC business, Gayatri Projects is reportedly planning to monetise more completed road assets. This will allow the company to go forward with more asset light approach and to refocus efforts on EPC execution.

The diversified Hyderabad-based infrastructure company owns eight Built, Operate and Transfer (BOT) mode road assets, directly or through its subsidiary Gayatri Infra Ventures. Of which seven are operational and the eighth one is on target to become operational during the current calendar year.

Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, primarily undertaking road and irrigation projects.

 

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1456.75
NCC 136.95
Rail Vikas Nigam 210.30
KEC International 402.50
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