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This Article is From Aug 26, 2015

Gayatri Projects Bags Rs 3,318-Cr Orders From NHAI

Gayatri Projects Ltd on Wednesday said it has bagged orders worth Rs 3,318 crore from the National Highways Authority of India (NHAI) for development of sections of National Highway 233 and National Highway 56 near Varanasi in Uttar Pradesh.

New Delhi: Gayatri Projects Ltd on Wednesday said it has bagged orders worth Rs 3,318 crore from the National Highways Authority of India (NHAI) for development of sections of National Highway 233 and National Highway 56 near Varanasi in Uttar Pradesh.

"Our company has bagged new orders from National Highways Authority of India (NHAI) totalling worth Rs 3,318 crore," Gayatri Projects said in a filing to the BSE.

Giving details of the projects, the company said the first two projects are for four-laning of Ghaghra Bridge to Varanasi section of NH233 from 180.450 km to 240.340 km and from 240.340 km to 299.350 km in the state of Uttar Pradesh under NHDP Phase-IV on EPC (engineering, procurement and construction) mode.

The values of the contract of the first two projects are Rs 741 crore and Rs 785 crore, respectively.

The other two projects are for four-laning of Sultanpur to Varanasi section of NH 56 from 134.70 km to 205 km and from 205 km to 263 km in the state of Uttar Pradesh under NHDP Phase-IV on EPC mode.

The values of the contract of these two projects are Rs 986 crore and Rs 806 crore, respectively.

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