Gayatri Projects’ wholly owned subsidiary Gayatri Energy Ventures is a major partner in NCC Power Projects, which is building a 1320 MW Coal Fired Plant in Nellore District in Andhra Pradesh. At present preliminary discussions are taking place between NCC Infra and Sembcorp for the investment in NCC Power Projects, which is subject to a detailed Technical, Financial, Commercial & Legal due diligence. The terms of investments including structuring will be finalized after the due diligence process and negotiations are completed between the parties. As a result of the proposed investment the stake of Gayatri Energy Ventures (WOS of Gayatri Projects) may be reduced below 45%.
Gayatri Projects, an ISO 9001-2000 company, is one of the fastest growing construction companies in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.
Gayatri Projects, an ISO 9001-2000 company, is one of the fastest growing construction companies in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.
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