21 May 07 Gammon Macquarie combo bids for Chennai Airport Project

Gammon India, a leading Indian construction and infrastructure development company, has informed the Indian stock exchanges that Gammon India’s subsidiary has signed an agreement with Macquarie to jointly bid for the Chennai airport maintenance project. As  per  the  agreement signed,  Macquarie and Gammon will hold equal stakes in the Chennai airport maintenance project. If this project is won by the Gammon Macquarie combo, it will further add to the bulging order book size of Gammon India.

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