Gayatri Projects secures a new order under BOT with project cost of Rs 602.00 crores

March 30, 2010

Gayatri Projects Limited has secured a new order under BOT (Toll) with a total project cost of Rs 602 crores.

The company has agreed to pay a premium of Rs 24.10 crores, to NHAI annually and has a right to collect Toll on the existing four lane highway through its SPV.

The BOT 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 the state of Madhya Pradesh under NHDP Phase-V to be executed as BOT (Toll) Project on DBFOT pattern – Letter of Award (LOA).

The stock was trading at Rs.385, down by Rs.5.95 or 1.52%. The stock hit an intraday high of Rs.403.60 and low of Rs.378.25.

The total traded quantity was 97457 compared to 2 week average of 71461.

Source: Equity Bulls

Written by ITW Editor · Filed Under BOT, Highway, NHAI, Tolling

One comment on “Gayatri Projects secures a new order under BOT with project cost of Rs 602.00 crores” Post your comment

Jatinder Khangura on January 17th, 2014 8:11 am

Dear Sir/Madam,

I have 3 year exp. In Tolling. Now am working in Rajdeep Info Techno Pvt. ltd.as a Implementation Support Engineer.Am Install & Maintaince Toll Plaza.I want to change my job.

Thanks & regards
Jatinder Singh
Implementation Support Engineer at RITPL
Mobile No. 9996555174