Gayatri Projects has bagged a contract valued at Rs 602 crore from the NHAI
for a road project under BOT (Toll) basis.
The order is for six-laning of Indore-Dewas of NH-3 from Km 577.550 to Km 610
and Km 0 to Km 12.60 (approx length of 45.05 km) in Madhya Pradesh under NHDP
Phase-V to be executed on DBFOT pattern.
The company has agreed to pay a premium of Rs 24.10 crore to NHAI annually
and has a right to collect toll on the existing four lane highway through its
SPV.
Also See:
Gayatri Projects to dilute stake in power plant (19-Mar-10)
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