MoneyWorks4Me

Gayatri Projects eyes mining services for underground coal mines

17 Jun 2016 Evaluate

Gayatri Projects is looking to offer mining services for underground coal mines of Coal India and other companies. The company has also entered into a partnership with China Coal Overseas Development Company, a Beijing-based subsidiary of China Coal, to offer Longwall technology for mining. Recently, the company has won one of the four privately awarded Longwall mining projects in the country at Jhanjhra underground mine. The six-year contract has initial value of Rs 400 crore.

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 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
View more..