Gayatri Projects in focus as the company reduces gross debt by Rs 40 crore in 11 months of FY18. In an interview to CNBC-TV18, TV Sandeep Reddy, MD of the company spoke at length about the debt paring plans and gave his outlook for the future.

Restructuring to make organisation smoother: Gayatri Projects

Gayatri Projects announced that they are reorganising their energy investments in their wholly-owned subsidiary. In an interview with CNBC-TV18, TV Sandeep Reddy, MD of Gayatri Projects spoke about the same.

Gayatri Projects bags Rs 1363-cr irrigation order

Gayatri Projects has won Rs 1,363-crore irrigation order in joint venture (JV) with two companies. "We have a JV with 70 percent share and other two partners own 30 percent", TV Sandeep Reddy of Gayatri Projects told CNBC-TV18.

Gayatri Projects to conclude BOT assets' demerger by FY17 end

The company recently concluded the construction of a 1320-MW thermal power plant in Andhra Pradesh and its overall power portfolio now aggregates 2,640 MW.

Margins from new order to be at 14-15%: Gayatri Projects

Gayatri Projects bagged a highway contract worth Rs 1255 crore in JV with Russian company PTPS. The Indian company is the majority partner; and the Russian company is into construction.

Navi Mumbai Airport may kick off ops by 2019 end: CIDCO

The airport development team will start the work on Navi Mumbai Airport by December 2016 and make it operational by end of 2019, says Cidco Chief Engineer Sanjay Choudhary.

Longwall technology to boost rev growth, margins: Gayatri Proj

TV Sandeep Reddy, MD, Gayatri Projects said Longwall technology would aid revenue growth substantially for the company from underground projects.

Jhansi, Lalitpur projects' annual revenue to be Rs100 cr:Gayatri

TV Sandeep Reddy, MD of the company, says the company will sell Jhansi and Lalitpur projects post getting commercial operational date (COD).

Gayatri Projects wins Rs 143 cr order from Govt of Mizoram

It is an ADB funded project to be completed in 48 months, said TV Sandeep Reddy, MD, Gayatri Projects.

Gayatri Projects to bid aggressively for NHAI orders: MD

Going forward the company also plans to bid aggressively for the NHAI order, said TV Sandeep Reddy, nanaging director of Gayatri Projects.

Gayatri Projects to aggressively bid for NHAI orders: MD

The total orderbook for Gayatri Projects at the end of December quarter is around Rs 6000 crore, said managing director, TV Sandeep Reddy.

Signed PPA with AP govt for 25 years: Gayatri Projects

Gayatri Projects is setting up a 1,320 megawatt (MW) power plant in Krishnapatnam, which is in an advance stage of construction, says TV Sandeep Reddy, managing director Gayatri Projects.

QIP money to be used for debt reduction: Gayatri Projects

Gayatri Projects raised some money via qualified institutional placement (QIP) some time back. They will be using the money to reduce high cost debt and meet long-term working capital requirements, Sandeep Reddy, MD of the company told CNBC-TV18 in an interview.

Expect to complete rights issue before Dec: Gayatri Proj

In an interview to CNBC-TV18, TV Sandeep Reddy, managing director of Gayatri Projects said, rights were supposed to be completed before June, but SEBI clearance was delayed. “We are hoping to get the SEBI clearance shortly. And then we would probably complete the rights issue before December.”

See FY12 standalone revenue at Rs 2000cr: Gayatri Projects

In an interview with CNBC-TV18, TV Sandeep Reddy, MD, Gayatri Projects, spoke about the latest happenings in his company and sector.