Gammon Infrastructure receives completion certificate for Gorakhpur Bypass project

28 Jan 2013

Gammon Infrastructure Projects has been issued the provisional completion certificate (COD) for the project to build a four lane 32.27 km bypass to Gorakhpur Town in Uttar Pradesh on National Highway No 28 on BOT (Annuity) basis. The COD is with effect from March 31, 2012.

The project is being implemented by Gorakhpur Infrastructure Company (GICL), a special purpose vehicle (SPV) promoted by the company. GICL is entitled to receive semi-annual annuities of Rs 48.6 crore each during the concession period of the project. This is the sixth operational road project in the company’s basket.

Gammon Infrastructure is an infrastructure project development company, promoted by GIL, one of the largest construction companies in India. GIPL undertakes the development of infrastructure projects on a public-private partnership basis, having presence in project development, project advisory and sector-specific operations and maintenance.

Related Gammon Infrastructure Projects Ltd. Links:

Gammon Infra Proj Share Price

0.37 -0.01 (-2.63%) Jan 17, 18:01
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1304.55
NCC 59.60
KEC International 343.50
Rail Vikas Nigam 25.30
Sterling and Wilson 311.05
View more..
Sensex vs Gammon Infra Proj
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719