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Gammon Infrastructure Projects gets provisional completion certificate for road project in Bihar

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On 01 September 2016

Gammon Infrastructure Projects announced that Patna Highway Projects a wholly owned subsidiary of the Company, incorporated for implementing the project to build a 63.17 km long four lane dual carriageway on National Highway- 77 including a new bypass of 16.87 kms connecting National Highway - 28, in the State of Bihar on BOT (Annuity) basis, has been issued the Provisional Completion Certificate (COD), with effect from 01 September 2016.

PHPL is entitled to receive semi-annual annuities of Rs. 94.60 crore each during the concession period of the project.

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First Published: Sep 07 2016 | 2:51 PM IST

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