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Gammon Infrastructure Projects
BSE: 532959|NSE: GAMMNINFRA|ISIN: INE181G01025|SECTOR: Construction & Contracting - Civil
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Company History - Gammon Infrastructure Projects
We were incorporated in April 2001 with 
 a focus to participate in infrastructure 
 project development through the public private 
 partnerships (PPP) model. Originally formed 
 as Gammon Infrastructure Projects and
 Investments Limited, our name was subsequently 
 changed to Gammon Infrastructure Projects 
 Limited in April, 2002.
 
 Our Promoter is Gammon India Limited, which 
 is a leading civil engineering and construction 
 company in India, with over 85 years of experience 
 in this sector. Gammon India Limited was established 
 by the late Mr. J. C. Gammon in 1919 as a 
 firm of Civil Engineers & Contractors, which 
 in 1922 was incorporated as a company under the 
 name of J. C. Gammon (Bombay) Ltd. We are modelled 
 as a project developer company, which invests 
 in SPVs for infrastructure projects. We also,
 presently, handle O&M contracts directly in the 
 road sector.We operate as an overall
 infrastructure holding company with interests 
 in SPVs responsible for carrying on specific 
 projects being undertaken by us. Currently, 
 there are four SPVs in operation. Such SPVs include 
 our subsidiaries and companies formed with 
 other partners where we do not hold a majority share.
 
 Date Event
 
 October 27, 1999 Concession was obtained 
 for project on New Mattancherry bridge by entering 
 into a Concession Agreement April 23, 2001 
 Incorporation of the Company
 
 September 26, 2001 COD achieved for the 
 New Matancherry Bridge
 
 October 30, 2001 Concession Agreement signed 
 for the Rajahmundry Dharmavaram Expressway 
 Concession Agreement signed for the Dharmavaram 
 Tuni Expressway November 28, 2001 License 
 obtained for 2 multipurpose berths at 
 Visakhapatnam port
 
 February 13, 2002 O&M Contract signed 
 for the Rajahmundry Dharmavaram Expressway 
 (REL to GIL)
 
 April 28, 2004 Agreement with Lastin Holdings 
 Limited signed in relation to equity stake 
 in VSPL
 
 July 15, 2004 Put & Call Option agreement 
 signed with IPS Limited
 
 September 20, 2004 COD achieved for the 
 Rajahmundry Dharmavaram Expressway
 
 September 20, 2004 REL Final Completion 
 Certificate
 
 
 September 24, 2004 COD achieved for berth 
 EQ8 at Visakhapatnam port
 
 October 30, 2004 COD achieved for the 
 Dharmavaram Tuni Expressway
 
 January 31, 2005 Take or Pay agreement 
 signed with SAIL
 
 October 14,2005 Concession agreement 
 signed for Mumbai 
 Nasik Expressway
 
 December 8,2005 Concession Agreement 
 signed for Rangit II Hydroelectric project
 
 December 19, 2005 Preferential allotment 
 of equity shares to AMIF I Ltd, Mauritius
 
 June 1, 2006 Financial Closure of Mumbai 
 Nasik Expressway
 
 August 10, 2006 Implementation cum power 
 purchase agreement for Punjab Biomass Project 
 Limited
 
 October 06, 2006 Concession Agreement signed 
 for Kosi Bridge Infrastructure Company Limited
 
 October 06, 2006 Concession Agreement 
 signed for Gorakhpur Infrastructure Company 
 LimitedNov 22, 2006 Letter of Intent received 
 from the HAREDA
 
 April 09, 2007 Letter of Intent received 
 from government of Himachal Pradesh  Tidong
 
 April 28, 2007 Financial Closure achieved 
 for Kosi Bridge Infrastructure Company Limited
 
 May 11, 2007 Financial Closure achieved 
 for Gorakhpur Infrastructure Company Limited
 
 June 14, 2007 Letter of Intent received 
 for Adityapur SEZ
 
 Aug, 08, 2007 Letter of Intent received 
 for Mumbai Offshore Container Terminal
 
 2008
 
 - Gammon Infrastructure Projects Ltd has appointed Mr. Sushil Chandra
 Tripathi, IAS (Retd.), a former secretary to the Government of India,
 joined the Board of the Company on May 21, 2008.
 
 2010
 
 - Gammon Infrastructure Projects Ltd has informed that Mr. Himanshu
 Parikh has been appointed as the Executive Vice Chairman of the
 Company.
Source : Dion Global Solutions Limited
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