Gayatri Projects Ltd, a Hyderabad-based infrastructure company, has bagged a Rs 583-crore road project from the National Highways Authority of India.
The contract encompasses rehabilitation and uprgadation of Cuttack-Angul Section of NH-42 (NEW NH-55) to 4-lane between km 0+400 to km 60+200 in Odisha under NHDP Phase-III. The project is to be executed on EPC mode.
This Rs 583-crore contract is in an addition to the Rs 1,139-crore project won by the company on December 20, 2017 through a joint venture with public joint stock company 'Kyivmetrobud'.
The earlier project will be executed by Gayatri-KMB (joint venture). It was also awarded by the National Highways Authority of India under Bharatmala centrally-sponsored and funded road and highways project of the Government of India.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.