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Gayatri Projects bags 340-cr road contract
Gayatri Projects on Monday said it has bagged an order worth Rs 340 crore from the government for four-laning of sections of existing Dimapur-Kohima road in Nagaland.
Hyderabad: Gayatri Projects on Monday said it has bagged an order worth Rs 340 crore from the government for four-laning of sections of existing Dimapur-Kohima road in Nagaland.
"Gayatri Projects has secured a Rs 340-crore contract for four-laning of a highway from Dimapur to Kohima in the North East state of Nagaland from the National Highways and Infrastructure Development Corporation Ltd (NHIDCL) and the Ministry of Road Transport and Highways (MoRTH)," the company said.
Giving details of the projects, the company said the projects is for four-laning of existing Dimapur-Kohima road design of km 152.90 to km excluding Dimapur and Kohima bypass, in the state of Nagaland through an engineering, procurement and construction (EPC) contract.
"This contract is a strong signal of the management commitment to capitalise on the growing range of EPC opportunities, and comes on the heels of several new projects from a wide set of industries, ranging fron National Highways to water distribution and underground mining," it added.
In the last 12 months,the company's order book has nearly doubled to Rs 10,000 crore on a robust inflow of orders, all of which have been through the EPC model.
