Gayatri Projects has bagged two new orders worth Rs 923 crore from National Highways Authority of India (NHAI). The company has secured first order for Rehabilitation and Upgradation of 4 Laning of Cuttack - Angul Section of NH-42 (new NH-55) from Km. 60.200 to Km. 112.000 (Package - 2) in the State of Odisha under NHDP PHASE - III on EPC mode for Rs 529 crore, while second order worth Rs 394 crore consist 4 Laning of Rajamunda-Barkote Section of NH-23 (New NH-143 from Km 287.22 to Km.337.185 in the State of Odisha under NHDP - IV on EPC mode.
These projects will be executed on an EPC (Engineering, Procurement & Construction) basis in fine with the management’s decision to follow an asset-light model, and will further reinforce Gayatri’s position as one of India’s top highway builders.
Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, primarily undertaking road and irrigation projects.
