Gayatri Projects bags Rs 340 crore road project in Nagaland

Gayatri Project today said it has bagged an order worth Rs 340 crore from the government for four-laning of sections of existing Dimapur-Kohima road in Nagaland.

"Gayatri Projects has secured a Rs 340-crore contract for four-laning of a highway from Dimapur to Kohima in the North East state of Nagaland from the National Highways and Infrastructure Development Corporation Ltd ( NHIDCL) and the Ministry of Road Transport and Highways ( MoRTH)," Gayatri Projects said in a BSE filing.

Giving details of the projects, the company said the projects is for four-laning of existing Dimapur-Kohima road design of km 152.90 to km excluding Dimapur and Kohima bypass, in the state of Nagaland through an engineering, procurement and construction (EPC) contract.

Stock of Gayatri Projects was trading at Rs 586.10, down 0.14, per cent from the previous close on BSE.

Source: PTI