GR Infraprojects Wins ₹106 Crore Arbitration Victory Over Bihar Highway Project

G R Infraprojects Limited (GRIL) has won an arbitration case against the Chief Engineer, NH (S) Wing & Road Construction Department, Government of Bihar. The dispute arose over claims related to the construction of a two-lane highway with a paved shoulder on the Bhagalpur Bypass in Bihar. The Arbitral Tribunal ruled in favour of GRIL, awarding significant financial compensation.

Arbitration Award and Details

The Arbitral Tribunal delivered its decision on 2nd April 2025, granting GRIL ₹106.45 crore as compensation plus future interest on the aforesaid amount at the rate of 12% per annum from the date of this award till the date of realisation. The claims were raised due to project-related disputes under the Engineering, Procurement, and Construction (EPC) contract.

Financial Impact

Despite the large sum awarded, GRIL has confirmed that the ruling will have no negative impact on its financial position. This suggests that the compensation either covers previous costs or strengthens the company’s financial standing. Such rulings highlight the importance of legal enforcement in infrastructure contracts.

GR Infraprojects Share Performance 

As of April 04 2025, at 9:50 AM, GR Infraprojects share price was trading at ₹1,065.05 reflecting a decline of 1.23% from its previous closing price. Over the past month, it has surged by 9.11%.

Conclusion

The tribunal’s decision reinforces the significance of fair contract enforcement in public infrastructure projects. With the awarded compensation, GRIL ensures its claims are settled while maintaining financial stability.

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