Gammon Infrastructure receives letter of award from NHAI

26 Mar 2012 Evaluate

Gammon Infrastructure Projects has received the letter of award for the four laning of UP/Haryana Border - Yamunanagar - Saha -Barwala - Panchkula section of NH -73 from km 71.640 to km 179.249 (total length - 104.77 km) in the state of Haryana from the National Highways Authority of India (NHAI) on design, build, finance, operate and transfer (DBFOT) toll basis.

The project cost, as estimated by NHAI, is Rs 934.93 crore. The company will receive a grant of Rs 279 crore during the construction period of the project. The concession period of the project is 22 years, including a construction period of 2.5 years.

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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