Gayatri Projects declared L-1 bidder for a road project worth Rs 1,323.52 cr

The company has been declared as L-1 bidder for development of six-lane access controlled highway in Uttar Pradesh portion of Delhi Saharanpur Highway from DelhiUP Border to EPE Junction in Uttar Pradesh on under Economic Corridor in phase l of Bharatmala Pariyojana, Gayatri Projects said in a regulatory filing.The company said value of the work is Rs 1,323.52 crore.

Construction engineering company Gayatri Projects on Friday said it has been declared the lowest bidder for a road project worth Rs 1,323.52 crore. The company has been declared as L-1 bidder for development of six-lane access controlled highway in Uttar Pradesh portion of Delhi Saharanpur Highway from Delhi/UP Border to EPE Junction in Uttar Pradesh on under Economic Corridor in phase l of Bharatmala Pariyojana, Gayatri Projects said in a regulatory filing.

The company said value of the work is Rs 1,323.52 crore. Shares of Gayatri Projects Ltd were trading 2.55 per cent higher at Rs 40.25 on BSE.