Niraj Cement Secures ₹268.92 Crore BRO Contract for NH-01 Bypass

Niraj Cement Structurals Limited has been awarded a ₹268.92 crore contract by the Border Roads Organization (BRO) for constructing a four-lane paved shoulder bypass on NH-01 in Jammu and Kashmir. This 10.9 km Greenfield project, undertaken under Project Beacon, will be executed on an Engineering, Procurement, and Construction (EPC) basis, enhancing regional connectivity.

Key Project Details and Scope

The bypass, part of the Srinagar-Baramulla-Uri Road, is a critical infrastructure initiative aimed at improving road access and easing traffic congestion. The project will be completed within 24 months, ensuring timely delivery. Notably, no promoter or related party is involved in the contract, ensuring a fair and transparent bidding process.

Strengthening Road Infrastructure Portfolio

This contract further solidifies Niraj Cement Structurals’ presence in the road infrastructure sector. The company has a strong track record in executing large-scale projects and remains committed to delivering high-quality road construction. Through strategic government collaborations, Niraj Cement continues to contribute to India’s transportation and defence infrastructure.

Niraj Cement Share Performance 

As of March 17, 2025, at 12:20 PM, the shares of Niraj Cement Ltd are trading at ₹59.20 per share, reflecting a surge of around 20% from the previous closing price. Over the past month, the stock has registered a gain of 27.58%.

Conclusion

By securing this project, Niraj Cement Structurals reinforces its expertise in infrastructure development. The bypass will play a vital role in improving connectivity in Jammu and Kashmir, reflecting the company’s commitment to national road expansion initiatives.

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