Gammon India on Tuesday said that the board of directors of the company passed the resolution of re-appointing Ajit Balubhai Desi as the Chief Executive Officer (CEO) for 1 year with effect from December 17, 2020.
Desai's term as CEO expired on December 16, 2020. He is re-appointed, however, for a 1-year term.
Desai, age 64 years, joined Gammon India in 1979 and since then has handled several major projects.
He has over 41 years of experience in the construction industry, specifically handling projects in various sectors such as roads, ports, power, urban infrastructure and industrial & residential construction which included Vizag Seaport, Kalpakkam Nuclear project, Parbati Hydroelectric power plant and many private sector power plants.
Gammon India stated that the value of projects handled by Desai varied from Rs100cr to Rs900cr.