Home  »  Company  »  Gayatri Projects Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Gayatri Projects Ltd. Company History and Annual Growth Details

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.


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


- 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.


-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.