Gammon Infra completes Kosi Maha Sethu bridge

MUMBAI: Gammon Infrastructure Projects has started operations at its Kosi Maha Sethu, a bridge across the river Kosi on the national highway in Supaul district of Bihar, the Mumbai-headquartered company said Wednesday.

Gammon Infrastructure Projects has constructed the project though a special purpose vehicle, Kosi Bridge Infrastructure Company, which is entitled to receive semi-annual annuities of Rs 31.9 crores each during the concession period of the project.

This is the fifth operational road project of Gammon Infrastructure Projects, which is project development arm of Gammon India. Shares of Gammon Infrastructure Projects Wednesday closed at Rs 13.54, down 2.4% from the previous close. End