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G R Infraprojects Emerged as a Selected Bidder For NHAI Project

Written by: Team Angel OneUpdated on: Mar 17, 2025, 1:26 PM IST
G R Infraprojects will develop a six-lane Agra-Gwalior Greenfield Road and upgrade NH-44 under the DBFOT (Toll) model. The ₹4,262.78 crore project will be completed in 910 days.
G R Infraprojects Emerged as a Selected Bidder For NHAI Project
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G R Infraprojects Limited has been selected as the winning bidder for a major highway construction project by the National Highways Authority of India (NHAI), further strengthening its presence in the infrastructure sector.

Project Award Announcement

G R Infraprojects Limited has been declared the selected bidder for a highway construction project. This bid was invited by NHAI, operating under the Ministry of Road, Transport & Highways, Government of India. 

Project Overview and Scope

The awarded project involves constructing the Agra-Gwalior Greenfield Road in two sections:

  • Section 1: Development of a six-lane access-controlled highway from Deori village (Agra district) to Susera village (Gwalior district), covering parts of Uttar Pradesh, Rajasthan and Madhya Pradesh.
  • Section 2: Strengthening, safety enhancements and other improvements on the existing Agra-Gwalior section of NH-44, spanning chainage 1058.00 to 1148.00 (design chainage 13.00 to 103.00).

Financial Details and Timeline

The total contract value for the project is ₹4,262.78 crore. The expected completion period is 910 days. The project will be executed under the DBFOT (Design, Build, Finance, Operate, and Transfer) model with BOT (Toll) mode.

About G R Infraprojects Ltd 

G R Infraprojects Limited is a leading infrastructure company specialising in road and highway construction. Known for its expertise in executing large-scale projects, the company operates across multiple states in India. With a strong track record of timely project delivery and quality execution, G R Infraprojects Ltd continues to expand its presence in the infrastructure sector.

Share performance 

As of March 17, 2025, at 9:55 AM, the shares of G R Infraprojects Ltd are trading at ₹975.80 per share, reflecting a surge of 1.75% from the previous closing price. Over the past month, the stock has registered a loss of 4.33%. The stock’s 52-week high stands at ₹1,860 per share, while its low is ₹955 per share.

Conclusion

This project win strengthens G R Infraprojects’ position in the infrastructure sector, highlighting its expertise in highway development. The company remains focused on timely execution and delivering high-quality results.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 17, 2025, 1:26 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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