March 2010

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NEWS BUSINESS

Gayatri Projects Limited bags NHAI order worth Rs 602 crore

Gayatri Projects Limited (GPL), the Hyderabad-based leading Infrastructure Company has won a National Highway Authority of India (NHAI) project to construct a six-lane highway between Indore and Dewas in Madhya Pradesh. The total project cost is Rs 602 crores. The Four lane of the project is already operational and the Six Lane of this project, with a total length of 45 Kms, under the National Highway Development Program -V is expected to be operational in the next 30 months. The project will be executed on a design, build, finance, operate and transfer (toll) basis with a concession period of 25 years, including the construction period.

            Commenting on the order, Mr. Sandeep Reddy, Managing Director, Gayatri Projects Limited said, “The recent order from NHAI only manifests the company’s core competency in the road constructi on sector. With the government thrust on improvement of road infrastructure, Gayatri Projects Limited is keen to play its role in nation building”.

About Gayatri Projects
The company, founded four decades ago, has been engaged in various in states like Andhra Pradesh, Assam, Uttar Pradesh, Madhya Pradesh, Karnataka, Gujarat, Maharashtra and Orissa. Among the projects are national and state highways, dams, reservoirs, ash ponds and major canal works.
The company’s order book is over Rs 6,000 crore

For more information
Adfactors PR - 22813565, Parikshit Joshi - 9833917030
Vidya Shetty - 9819457848, Sneha Joshi - 9833004482