Gammon Infrastructure Projects receives letter of award from NHAI

27 Mar 2012

Gammon Infrastructure Projects has received the letter of award for the rehabilitation and upgradation of Birmitrapur to Barkote section of NH-23 (211.200 km to 336.815 km) in the state of Orissa under NHDP IV on design, build, finance, operate and transfer (DBFOT) on BOT (Toll) basis.

The project cost, as estimated by NHAI, is Rs 778.15 crore. The company will receive a grant of Rs 311 crore during the construction period of the project. The concession period of the project is 23 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.

Related AJR Infra and Tolling Ltd. Links:

AJR Infra and Toll Share Price

3.06 -0.16 (-4.97%) Jan 21, 18:01
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1954.55
Rail Vikas Nigam 37.15
KEC International 495.75
NCC 73.75
Ircon International 46.25
View more..
Sensex vs AJR Infra and Toll