Gammon Infrastructure receives financial closure for various projects

22 Mar 2013 Evaluate

Gammon Infrastructure Projects has received underwriting of the financial closure for various projects. The projects include Patna Buxar Road Project involving four laning of the Patna - Buxar stretch of NH-30 from km 0.00 to km 124.85 in the State of Bihar. Also includes Vijayawada Gundugolanu Road Project involving six laning of the Vijayawada - Gundugolanu section of NH-5 (total length -103.59) in the State of Andhra Pradesh.

Other projects for which the company got underwriting of the financial closure are Sidhi Singrauli Road Project involving four laning of the Sidhi - Singrauli stretch of 102.6 kms of NH -75E in the State of Madhya Pradesh, Birmitrapur Barkote Road Project involving rehabilitation and upgradation of Birmitrapur to Barkote section of NH -23 (km 211.200 to km 336.815) in the State of Orissa and Yamunanagar Panchkula Road Project involving four laning of Yamunanagar Panchkula section of NH -73 (total length -104.77 km) in the State of Haryana.

Further, the company has also achieved COD for the Gorakhpur Bypass Project of designing, construction, finance and maintenance of 32.27 km long four - lane bypass to Gorakhpur town on NH- 28 in the State of Uttar Pradesh. Also, achieved COD for Kosi Maha Sethu Project comprised designing, construction, development, finance, operation and maintenance of 1.8 km long four lane bridge across river Kosi.

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.

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