Hyderabad, May 05 : Gayatri Projects Limited (GPL), the Hyderabad-based leading Infrastructure Company has secured a road project worth Rupees 2,200 crore that involves four laning of Hyderabad-Karimnagar-Ramagundam road under public-private partnership on BOT basis.The project has been awarded by Andhra Pradesh Road Development Corporation (APSRTC) and the construction would be completed in 30 months.The project would be executed on a design, construct, finance, operate and maintenance (toll) basis with a concession period of 25 years, including the construction period.The concessioning authority would provide an equity support of Rs 454 crore.Managing Director, Gayatri Projects Limited Mr. Sandeep Reddy, in a statement said, The order from APSRTC validates the company's core competency in the road construction sector. Gayatri Projects Limited would share its responsibility in developing the state's infrastructure.
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