Gayatri Projects bags Rs 340-cr highway contract

Contract for four-laning of highway from Dimapur to Kohima in North East

Hyderabad-based Gayatri Projects Limited has secured a Rs 340-crore contract for four-laning of a highway from Dimapur to Kohima in the northeastern state of Nagaland from national Highways and Infrastructure Development Corporation Limited (NHIDCL).

The contract is to be executed on an EPC (Engineering, Procurement and Construction) basis.

In past 12 months, the Gayatri Project's order book nearly doubled to Rs 10,000 crore on a robust inflow of orders, all of which have been through the EPC model, the company informed in a filing to Bombay Stock Exchange.