Gammon India is going to revive its engineering, procurement, construction (EPC) plans in irrigation, water supply and government-backed projects if its resolution plan is accepted by the lenders. The company, whose current liabilities at the end of the previous fiscal exceeded the current assets by Rs 6,174.16 crore, has submitted a debt resolution proposal to the lenders which is under consideration.
Gammon India is engaged in construction of buildings, civil engineering, construction of utility projects, and specialized construction activities.
