Gayatri Projects bags Rs 602 crore contract from NHAI

Construction firm Gayatri Projects has bagged a road project worth Rs 602 crore from the National Highways Authority of India (NHAI). The company has bagged the contract for six laning of 45 km stretch on Indore-Dewas national highway on build, operate, transfer (BOT) basis. The company has agreed to pay a premium of Rs 24.10 crore to the NHAI annually and has a right to collect toll on the existing four lane highway through its SPV.