Patna Highway Projects (PHPL), a wholly owned subsidiary of Gammon Infrastructure Projects has been issued the Provisional Completion Certificate (COD), with effect from September 01, 2016. PHPL has been incorporated for implementing the project to build a 63.17 km long four lane dual carriageway on National Highway- 77 including a new bypass of 16.87 kms connecting National Highway - 28, in the State of Bihar on BOT (Annuity) basis. PHPL is entitled to receive semi-annual annuities of Rs 94.60 crore each during the concession period of the project.
Gammon Infrastructure Projects is an infrastructure project development company incorporated by Gammon India, to participate in the development of infrastructure projects on a public private partnership (PPP) basis.
