Gayatr KMB JV bags order worth Rs 1339 crore from NHAI

Mumbai, Dec 21: Gayatri Projects has secured Rs 1339 crore contract in joint venture with Public Joint Stock Company Kyivmetrobud i.e Gayatri-KMB (JV), from National Highways Authority of India (NHAI).

The order is for Construction of Stand alone Ring Road/Bypass around Jammu City in the state of Jammu and Kashmir. company said in afiling with BSE.
This project is to be executed under the EPC model, which is in line with the management's decision to follow an asset-light model and reinforces Gayatri's position as one of the leading highway builders in the country. 
It is also the company's first project in the state of J&K, and it now takes Gayatri's presence to 15 States of India. UNI