Gammon Infrastructure Projects promotes special purpose vehicle

26 Mar 2012

Gammon Infrastructure Projects has promoted a special purpose vehicle named ‘Patna Buxar Highways’ for implementing the Patna-Buxar road project. Patna Buxar Highways has, on March 21, 2012, signed the concession agreement with NHAI for the implementation of the project.

Earlier on November 11, 2011, Gammon Infrastructure Projects had received the letter of award from the National Highways Authority of India (NHAI) for the Patna-Buxar road Project involving four laning of the Patna - Buxar stretch of NH 30 from km 0.00 to km 124.85 in the State of Bihar on BOT (Toll) basis.

Gammon Infrastructure Projects is an infrastructure project development company. The company is among the first companies in India to be modeled as an infrastructure developer holding company with investments spread across various sectors.

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