SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gammon Infra’s SPV gets provisional completion certificate for Kosi Maha Sethu

25 Apr 2012 Evaluate

Gammon Infrastructure’s special purpose vehicle (SPV) Kosi Bridge Infrastructure Company (KBICL) has received the ‘Provisional Completion Certificate’ effective from February 08, 2012 for Kosi Maha Sethu project from the Independent Engineer of the project appointed by NHAI.

KBICL is entitled to receive semi-annual annuities Rs 31.9 crores each during the concession period of the project. This is the fifth operational road project in the company’s basket.'

The Kosi Maha Sethu, a bridge across the river Kosi on National Highway No.57 in Supaul District of Bihar, developed by Gammon Infrastructure Projects through its SPV -- KBICL -- and constructed by Gammon India was inaugurated on February 08, 2012.

Earlier, the National Highways Authority of India (NHAI) had awarded the project involving development and operation of a four lane bridge across the river Kosi along with 8.2 km of access roads and 22 km (approx.) of guide bunds / afflux bunds, to the Company on BOT ‘annuity’ basis.

AJR Infra and Toll Share Price

0.68 0.00 (0.00%)
03-Oct-2023 18:03 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3997.45
Rail Vikas Nigam 302.60
NCC 161.70
KEC International 574.60
Kalpataru Projects 1244.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×