MoneyWorks4Me

Gammon Infra promotes SPV for ‘Vijayawada Gundugolanu Road Project’

26 Mar 2012 Evaluate

Gammon Infrastructure Projects has promoted a Special Purpose Vehicle (SPV) named ‘Vijayawada Gundugolanu Road Project’ for implementing the Vijayawada Gundugolanu Road Project, which on March 21, 2012, signed the concession agreement with NHAI for the implementation of the project.

Earlier on February 08, 2012, Gammon Infrastructure Projects had received the letter of award from the National Highways Authority of India (NHAI) for the project for 'Six Laning of the Vijayawada - Gundugolanu section of NH 5 (total length - 103.59 km) in the State of Andhra Pradesh on BOT (Toll) mode on DBFOT (design, build, finance, operate and transfer) 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.

Peers
Company Name CMP
Larsen & Toubro 3656.00
Kalpataru Projects 1393.80
NCC 123.80
Rail Vikas Nigam 196.50
KEC International 356.50
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