Gayatri projects secure Rs. 1363 Cr project

Gayatri Projects has secured a Rs. 1363 crore irrigation contract in joint Venture with M/s.RNS Infrastructure Limited (RNS) and M/s. Sadguru Infratech Private Limited (SIPL) from Executive Engineer, Karnataka Neeravari Nigama Limited. The project entails the execution of a lift irrigation system to provide irrigation for an area of 27,462 Hectares. The contract also involves operations and maintenance of the system for 5 years after commissioning. Further details can be found below:
This contract brings Gayatri back to it’s original core-competence of irrigation in which the company has rich and diverse experience of over 5 decades. It is to be executed on a Lump Sum Turn-Key basis, under the EPC mode, which does not require any investment from the company. This order is again in line with Gayatri’s asset-light model, and continues the company’s robust order inflow of the last two years, during which the order book has jumped to more than Rs. 13000 crores.
Gayatri is building this key irrigation infrastructure, which will have a significant positive impact on India’s inclusive growth story for decades to come.

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