Gayatri Projects plans to monetize BOT projects to trim debt: Report

In a bid to trim debt and retrain its focus on EPC business, Gayatri Projects is reportedly planning to monetise more completed road assets. This will allow the company to go forward with more asset light approach and to refocus efforts on EPC execution.

The diversified Hyderabad-based infrastructure company owns eight Built, Operate and Transfer (BOT) mode road assets, directly or through its subsidiary Gayatri Infra Ventures. Of which seven are operational and the eighth one is on target to become operational during the current calendar year.

Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, primarily undertaking road and irrigation projects.