MoneyWorks4Me

GVK's step down arm awards EPC contract to L&T Construction for the Navi Mumbai International Airport

03 Sep 2019 Evaluate

GVK Power & Infrastructure’s (GVKPIL) step down subsidiary -- Navi Mumbai International Airport (NMIAPL) has awarded the prestigious Engineering, Procurement and Construction (EPC) contract for the Greenfield Navi Mumbai International Airport to the Transportation Infrastructure and Buildings & Factories businesses of L&T Construction.

The key development spectrum covers cut & fill works, terminal works including departure & arrival forecourts, airfield development works (a 3,700 m long south runway, apron systems, taxiway systems, airfield ground lighting &other facilities),landside facilities (roads, multilevel car parking), utilities & support facilities.

GVKPIL is an infrastructure development company. It engages in infrastructure and urban infrastructure projects. The company provides operation and maintenance services, manpower and consultancy services, and incidental services to owners of power plants, airports and infrastructure companies.

Peers
Company Name CMP
NTPC 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
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