Gayatri Projects wins Rs 342 crore B-RIDE rail project
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Gayatri Projects has been awarded a Rs 342 crore contract under a joint venture with B-RIDE for Corridor-4 of the Bengaluru Suburban Transport Project. The work includes designing and constructing 6.259 km of at-grade railway and 3.681 km of elevated viaduct between Bennigenahalli and Jakkur. The value includes taxes but excludes GST.
Adds Rs 342 crore to awarded work and may support future revenue, but profit depends on costs and the company's share of the joint venture.