Gayatri Projects Ltd.

The company was originally incorporated on September 15, 1989 as
 Andhra Costal Construction Private Limited in the state of Andhra
 Pradesh for undertaking construction activities. The name of the
 company was changed to Gayatri Projects Private Limited with effect
 from March 31, 1994 and was converted into a public limited Company
 on December 2, 1994. On April 1, 1994 Gayatri Projects Private
 Limited took all the assets and liabilities of Gayatri Engineering
 Company, a partnership firm which was established in the year 1975 as
 a “Special Class Contractors” on a going concern basis. Gayatri
 Engineering Company had been undertaking civil and engineering works
 of various state governments, central governments, public /
 autonomous bodies / corporations.
 
 The Company has executed different construction projects during the
 last 16 years and gained adequate experience. We have constructed
 about 644.00 Km of the Highways and 1113.00 Km of Irrigation Canals.
 We have executed 21 irrigation projects amounting to Rs. 58399 lakhs.
 We have completed irrigation projects such as Construction of five
 packages of Narmada Main Canal comprising of the 50.60 Km, Upper
 Krishna Project comprising of 44.00 Km, Sriram Sagar Project
 comprising of 954.00 Km and KC Canal comprising of 64.00 Km. We have
 executed 7 projects for construction of dams and reservoir amounting
 to Rs. 7533 lakhs, in which major ones include construction of Kaniti
 Balancing Reservoir for Vishakhapatnam Steel Plant, construction of
 raw water pond for Jindal Vijaynagar Steel Ltd., construction &
 raising of ash
 pond dykes to ancillary works for NALCO Ltd. etc. We have executed 9
 highway and runway projects, 8 site leveling projects and 3
 industrial projects amounting to Rs. 57562 lakhs, Rs. 9433 lakhs and
 Rs. 3478 lakhs respectively. Our projects are largely concentrated in
 the Southern and Western Regions.
 
 Our Company owns a fleet of construction equipments comprising of
 heavy earth moving machines such as hydraulic excavators, loaders,
 dozers, earth compacters, concreting plants such as batching plants,
 concrete mixers, transit mixers, concrete pavers, road equipment such
 as vibratory tandem rollers, electric paver finishers, mechanical
 paver finishers, hot
 mix plants, static rollers, truck mounted pressure bitumen sprayer,
 integrated stone crushing plants, quarry equipments like wagon
 drills, jack hammers, air compressors, transportation equipments such
 as cars and jeeps, tippers, tractors, water tankers, trailers,
 fabrication and erection plant such as welding generators, gas
 cuttings sets, work shop equipments, cranes,
 generators and other miscellaneous equipments.
 
 We are currently executing projects amounting to Rs. 105,016 lakhs of
 Public works /Irrigation Departments of various State Governments
 namely Andhra Pradesh, Madhya Pradesh, Chattisgarh and Gujarat and
 for other clients. Out of the projects in hand, the highways
 constitutes projects amounting to Rs. 40,700 lakhs, irrigation
 projects Rs. 63,068 lakhs and other
 works constitutes Rs. 1,200 lakhs. In addition, we are also executing
 projects in our various joint ventures in which our share of contract
 value to be executed, works out to around Rs. 69,000 lakhs. Most of
 these projects would be completed within period of 36-42 months.
 
 Our Company is an ISO 9001 – 2000 engaged in execution of major Civil
 Works including Concrete/Masonry Dams, Earth Filling Dams, National
 Highways, Bridges, Canals, Aqueducts, Ports, etc.
 
 Milestones
 
 1989-90:   Incorporation of the Company as “Andhra Coastal
 Construction Private Limited” on September 15,
                 1989 in the state of Andhra Pradesh
 
 1993-94:   Name of the Company changed to Gayatri Projects Private
 Limited with effect from March 31, 1994
 
 1994-95:  Converted into a Public limited company with effect from
 December 2, 1994·
                 Investment by Videocon Appliances Limited and
 Videocon International Limited into shares of
                 the Company at a premium of Rs. 97/-.
 
                 The Company took over all the assets and liabilities
 of Gayatri Engineering Company.
 
 1996-97:  Completed construction of ‘S’ Bund and Platforms at
 Kakinada Port Project funded by ADB.
                 Successfully completed filling of 50.00 Lakh cum. In
 a record time of 8 months at Reliance
                 Petroleum Limited Project, Jamnagar.·
               
                The registered office of the company was shifted from
 Andhra Pradesh to Maharashtra.
 
 1997-98: Formed a Joint Venture with IJM Corporation Berhad,
 Malaysia
 
 2005-06:  Took 40% interest in the equity of Western UP Tollway
 Limited a SPV created to execute a BOT
                 project awarded by NHAI. This will be the FIRST BOT
 project for our Company.·
                 Awarded ISO 9001:2000 and Q9001-2000 Quality
 Certificate by American Quality Assurance
                 International, LLC, USA
 
 2006-07:  Awarded 2 contracts on annuity basis by NHAI in Uttar
 Pradesh in Joint Venture
 
 2007
 
 - Gayatri Projects secures five new orders
 
 -Gayatri Projects Ltd has bagged two orders along with Maytas Infra
 Ltd under the consortium (Maytas-Gayatri Consortium) with a total
 projects cost of Rs 880 crore.
 
 2008
 
 -Gayatri Projects Ltd has informed that the Company and M/s. DLF Ltd,
 along with associates have signed an MOU on January 17, 2008 for the
 purpose of construction of Road projects on BOT basis.
 
 2009
 
 - Company has secured two new orders along with Ratna Infrastructure
 Projects Pvt. Ltd under Joint Venture namely (GAYATRI - RATNA JOINT
 VENTURE) with a total projects cost of Rs 2,131.62 crores.
 
 - Company has recommended dividend of 40% (Rs 4/- per equity share of
 Rs 10/-) on the paid up capital of the Company.
 
 2010
 
 - Declared an interim dividend of Rs. 2.50/- per share (@ 25% of Rs.
 10/- per share) on 1,11,04,761 equity shares of Rs. 10/- each.
 
 - Company has secured a new order under BOT (Toll) with a total
 project cost of Rs. 602.00 crores.
 
 2011
 
 - Company has bagged new order under Civil Engineering works for Rs.
 68.09 Crores.
 
 - Company has bagged new order under Civil Engineering works for Rs.
 68.09 Crores.
 
 -The Company has bagged new order from Government of Mizoram of Rs.
 544.75 Crores.
 
 - The Company has bagged new order from Gujarat Energy Transmission
 Corporation Ltd. of Rs. 55,45,07,738.14
 
 2012
 
 - Thermal Powertech Corporation (India) Limited TPCIL a Subsidiary of
 Gayatri Projects Limited, Signed Multi-Year Coal Supply Contract With
 PT Bayan Resources TBK (Bayan).
 
 - Indonesian Bayan and Gayatri projects subsidiary sign a 10 year
 coal supply deal.
 
 - Gayatri Projocts Ltd. Launch of New Logo and Brand Guide Lines.
 
 -Gayatri Projects Ltd Issues Rights in the Ratio of 1:1
 
 2013
 -Gayatri Projects Ltd has Recommendation of Dividend of 30% (Rs. 3/-
 per equity share
 of Rs. 10/-)
 -Gayatri Projects Ltd has informed regarding Gayatris Subsidiary M/s.
 Thermal Powertech Corporation India Ltd secures 20 Year-Fuel Supply
 Agreement for its Power Plant in Nellore District of Andhra Pradesh.
 
 2014
 -HKR Toll Project Completed and Revenue Operations Started
 -Gayatri Projects Ltd has approved the recommendation of Dividend @
 20% (i.e. Rs. 2/- per equity share of Rs. 10/-)
 -Gayatri Projects JV bags Rs 158.92 cr contract from NHAI
 
 2015
 -Gayatri Projects  Wins order worth Rs. 119 crore from ADB Project at
 Chhattisgarh
 -Gayatri Projects Commencement of First Phase of Commercial
 Operation
 -Successful Commission of TPCIL II Phase 660 MW 
 
 2016
 -Gayatri Projects wholly-owned subsidiary Gayatri Energy Ventures
 signed an eight-year power purchase agreement with Telangana Power
 Distribution companies. 
 -Gayatri Projects has bagged Rs 700 crore contract as part of the
 larger Navi Mumbai International Airport from the City and Industrial
 Development Corporation of Maharashtra (CIDCO). 
 -Gayatri Projects Ltd has bagged Rs 1,255 crore highway contract in 
 Joint Venture (JV) with Russian construction company PTPS.
 -Gayatri Projects has bagged a Rs.306 Crores contract for the four
 laning of a highway on the Andhra Pradesh-Tamil Nadu border from the
 Ministry of Road Transport & Highways (NHDP-IVA Cell).
 -Gayatri Projects has made a strong foray into the fast-growing
 railway EPC sector, by winning a Rs. 4,744 crore contract for
 designing and building the Iqbalgarh - Vadodara section of the
 Western Dedicated Freight Corridor (DFCC) in a consortium with M/s
 Sojitz Corporation and M/s L&T Ltd.
 
 2017
 -Gayatri Projects bags Rs 1,339 crore order from NHAI.
 
 2018
 -Company has bagged a new order of Rs. 1312.00 Crores  for
 Construction of Access Controlled Nagpur.
 -Gayatri Projects bags 3 road projects of Rs 405 cr.
 -Gayatri Projects bags Rs 2,759 cr worth road projects in UP.
 -Gayatri Projects bagged a new order of Rs.583.00 crore contract from
 National Highways Authority of India.
 
 2020
 -Gayatri Projects bags order from Uttar Pradesh.