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Gammon update on financial closure of projects

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Publish time: 26th March, 2013      Source: ChinaCCM
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Equity Bulls reported that Gammon Infrastructure Projects Ltd have obtained underwriting of the financial closure for few projects. The projects include:

1. Patna Buxar Road Project involving four laning of the Patna Buxar stretch of NH 30 from km 0.00 to km 124.85 in the State of Bihar.

2. Vijayawada Gundugolanu Road Project involving 6 laning of the Vijayawada Gundugolanu section of NH 5 in the State of Andhra Pradesh.

3. Sidhi Singrauli Road Project involving four laning of the Sidhi Singrauli stretch of 102.6 kms of NH 75E in the State of Madhya Pradesh.

4. Birmitrapur Barkote Road Project involving rehabilitation and upgradation of Birmitrapur to Barkote section of NH 23 in the State of Orissa.

5. Yamunanagar Panchkula Road Project involving four laning of Yamunanagar Panchkula section of NH 73 in the State of Haryana.

The Company have also achieved COD for the following projects during the year:

Gorakhpur Bypass Project : design, construction, finance and maintenance of 32.27 km long 4 lane bypass to Gorakhpur town on NH 28 in the State of Uttar Pradesh.

Kosi Maha Sethu Project: design, construction, development, finance, operation and maintenance of 1.8 km long 4 lane bridge across river Kosi.