Corporate Announcement
Security Code : 532767    Company : GAYAPROJ    
 
GPL Has Been Declared As L-1 Bidder For 3 Road Projects Worth Rs. 405 Crores, Awarded By The Bihar State Road Development Corporation Limited (BSRDC) And Funded By The Prestigious Asian Development Bank (ADB)Download PDF Download XBRL
  Exchange Received Time  26/09/2018 10:39:33         Exchange Disseminated Time   26/09/2018 10:39:41              Time Taken   00:00:08
The details of the projects are as attached.

In line with Gayatri''s asset-light strategy, these highway works are to be executed via the EPC model. They are also in close proximity to an ongoing highway project at Gaya. This project also shows the continued success of Gayatri''s cluster-bidding approach, where the company bids for projects in close proximity to enable synergies and economies of scale by way of equipment and resource sharing. This smart allocation and sharing of equipment and resources is enabled by Gayatri''s Digital Project Management System that connects all plants, crushers, weighbridges, trucks, and machines to a common digital platform using internet-connected tracking devices.

We undertake to update you in case of any further developments in relation to the above said projects.


We request you to kindly take this information on your record.
 

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