Corporate Announcement
Security Code : 532767    Company : GAYAPROJ    
 
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  Exchange Received Time  21/12/2017 11:25:18         Exchange Disseminated Time   21/12/2017 11:25:22              Time Taken   00:00:04
Gayatri Projects Ltd has secured a Rs. 1339.00 crore contract in joint Venture with M/s. Public Joint Stock Company ' Kyivmetrobud' i.e Gayatri-KMB (JV), from National Highways Authority of India. Further details can be found below:

Name of the Employer Name of Work Value of the Contract
National Highways Authority of India Construction of Stand alone Ring Road/Bypass around Jammu City in the state of Jammu and Kashmir Rs.1339,00,00,000/-
(Rupees One Thousand Three Hundred and Thirty Nine Crores Only)

This project is to be executed under the EPC model, which is in line with the management's decision to follow an asset-light model and reinforces Gayatri's position as one of the leading highway builders in the country. It is also the company's first project in the state of J&K, and it now takes Gayatri's presence to 15 States of India.
 

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