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Gammon gets NHAI project

Roads & Highways
March 1, 2012March 1, 2012
Gammon gets NHAI project
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Gammon Infrastructure Projects (GIPL) has bagged a Rs 1,684 crore project from National Highways Authority of India (NHAI) for widening Vijaywada-Gundugolanu section of National Highway in Andhra Pradesh. GIPL has got the order on BOT (Toll) mode.The project will be built on design, build, finance,operate and transfer basis.The company will pay a premium of Rs 57.57 crore per annum for the concession period, it said in a statement.

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