MoneyWorks4Me

Gayatri Projects bags contact worth Rs 425 crore

25 May 2018 Evaluate

Gayatri Projects has received a letter of award (LoA) from the Ministry of Road Transport and Highways for part construction of six lane elevated corridor in the state of Telangana. The cost of the project is Rs 425 crore.

The project is for the construction of Six Lane Elevated Corridor from Km 7.950 to Km 14.200 of NH-163 to de-congest the urban limits of Hyderabad-Bhopalpatnam Section on EPC basis contract in the State of Telangana. This project is in JV with OJSC ‘SIBMOST’, i.e Gayatri - OJSC 'SIBMOST' (JV).

Gayatri Projects is the flagship company of the esteemed and well diversified Gayatri Group that has interests in infrastructure, power, hospitality, real estate and industry.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1456.75
NCC 136.95
Rail Vikas Nigam 210.30
KEC International 407.50
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