Business Bytes

Telangana, AP to buy 3 million tonne cement

Andhra Pradesh and Telangana governments are set to procure about three million tonnes, giving a major boost to the sector. The process is already on with the Governments asking the cement manufacturers to commit a quantity to be supplied. As per the Request For Proposals (RFPs), AP is looking at buying two million tonne (mt), while the Telangana wants about one mt. The Telangana government is seeking cement for its low-cost housing programmes, while in Andhra Pradesh, it is to meet the needs of Panchayat Raj, irrigation and housing programmes.


Gayatri Projects bags orders from NHAI

Gayatri Projects Ltd has received orders worth Rs 3,318 crore from the National Highways Authority of India (NHAI) for development of sections of National Highway 233 and National Highway 56 near Varanasi in Uttar Pradesh.

The first two projects are for four-laning of Ghaghra Bridge to Varanasi section of NH233 from 180.450 km to 240.340 km and from 240.340 km to 299.350 km. The values of the contract of the first two projects are Rs 741 crore and Rs 785 crore, respectively. The other two projects are for four-laning of Sultanpur to Varanasi section of NH 56 from 134.70 km to 205 km and from 205 km to 263 km under NHDP Phase-IV on EPC mode. The values of the contract of these two projects are Rs 986 crore and Rs 806 crore, respectively.