Gammon Infrastructure Projects advanced over 5% and touched day’s high of Rs14.25, after the company received letter of award from NHAI for Yamunanagar - Panchkula Section of NH-73, So far, 0.14 lakh shares have traded on the BSE as against the two-week average volume of 0.67 lakh shares.
Gammon Infrastructure Projects said that the company has received the letter of award for the 'Four Laning of UP/Haryana Border - Yamunanagar - Saha -Barwala - Panchkula section of NH -73 from km 71.640 to km 179.249 (total length - 104.77 km) in the State of Haryana from the National Highways Authority of India ( NHAI) on design, build, finance, operate and transfer (DBFOT) toll basis.
The project cost, as estimated by NHAI, is Rs934.93 crore. The Company will receive a grant of Rs279 crore during the construction period of the project.
The concession period of the project is 22 years, including a construction period of 2.5 years.
....more info
Gammon Infrastructure Projects said that the company has received the letter of award for the 'Four Laning of UP/Haryana Border - Yamunanagar - Saha -Barwala - Panchkula section of NH -73 from km 71.640 to km 179.249 (total length - 104.77 km) in the State of Haryana from the National Highways Authority of India ( NHAI) on design, build, finance, operate and transfer (DBFOT) toll basis.
The project cost, as estimated by NHAI, is Rs934.93 crore. The Company will receive a grant of Rs279 crore during the construction period of the project.
The concession period of the project is 22 years, including a construction period of 2.5 years.
....more info