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Gammon Infrastructure Projects in consortium receives LoA from NHAI

02 Feb 2018 Evaluate

Gammon Infrastructure Projects in consortium with Gammon Engineers And Contractors (GECPL) (GECPL being the lead member), has received a letter of award (LoA) from the National Highways Authority of India (NHAI) for the project to undertake Rehabilitation and Up gradation of existing 2-lane to 4-lane standards from Duburi to Chandikhole Section of NH 200 (New NH 53) from km. 388.376 to km 428.074 in the state of Odisha Under NHDP Phase - III on EPC Mode (Pkg- III).

The project has been awarded by the NHAI on a bid price of Rs 577 crore. The construction period of the Project is 910 days. The company has 40% share in the consortium.

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.


Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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