Gayatri Projects appointed for six lane tunnel construction

Gayatri Projects appointed for six lane tunnel construction
This project is in a joint venture, with Gayatri Projects being the lead partner with 74 per cent stake. (Image Credit: Twitter)
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Gayatri Projects Ltd Friday said it has bagged an Rs 493-crore order for construction of a six-lane tunnel in Maharashtra.

"Pursuant to the earlier L-1 bidder announcement...we are glad to inform you that the company has bagged a new order of Rs 493 crore," the company said in a filing to the BSE.

This project is in a joint venture, with Gayatri Projects being the lead partner with 74 per cent stake.

The order entails: "Construction of a new six-lane tunnel at Khambatki Ghat section of NH-4 and its approaches from existing 771.730 km to existing 782 km in the state of Maharashtra under NHDP Phase-V on EPC Mode."

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