| `Maytas-Gayatri` Consortium bags road contract for Rs 8.8 bn |
|
|
`Maytas-Gayatri` Consortium, a 50:50 joint venture of the Gayatri Projects and Maytas Infra, the Hyderabad-based company along with Maytas Infra bagged two new projects worth Rs 8.8 billion. The project involves design, construction, development, finance, operation and maintenance of eight lane expressway under Phase-II A program of ORR to Hyderabad, Andhra Pradesh. The company also will undertake construction work on a stretch on Kollur to Patancheru and Bongulur to Tukkuguda highway. The project will be on build, operate and transfer (BOT) annuity basis. |