Gayatri Projects wins Rs 143 cr order from Govt of Mizoram

TV Sandeep Reddy, MD, Gayatri Projects in an interview to CNBC-TV8 said the company in Joint Venture with Vishwa Infrastructure and Services Pvt Ltd has won an order worth to Rs 143.42 crore from the Mizoram government.The order is from State Investment Program Management and Implementation Unit (SIPMIU), Urban Development and Poverty Alleviation Development (UD&PA), Government of Mizoram for contract of water distribution networks and feeder mains at Aizwal.With this the total order book would be Rs 10,000 crore, said Reddy. It is an ADB funded project to be completed in 48 months. There are number of orders which the company has bid for, he added. This is the company’s first foray into the fast growing and specialized water supply EPC industry and it expects a significant ramp-up in this space over next 2-3 years. For more, watch video.