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GHV Infra Wins Rs 26 Billion EPC Order in UAE
Real Estate

GHV Infra Wins Rs 26 Billion EPC Order in UAE

GHV Infra Projects Ltd. has secured a significant contract worth approximately Rs 26 billion from a UAE-based company operating in the Ras Al Khaimah Economic Zone. The order, awarded through a Letter of Award, tasks GHV Infra with the Engineering, Procurement, and Construction (EPC) of the Erisha Smart Manufacturing Hub, according to a stock exchange filing on Saturday.
The total value of the project stands at AED 1.1 billion and is expected to be completed within 24 months, excluding an initial mobilisation and setup period of 90 days. This development marks a major milestone for the company, as the contract value surpasses GHV Infra Projects' market capitalisation of Rs 22.3 billion as of 1 August on the BSE.
Formerly known as Sindu Valley Technologies Ltd., GHV Infra Projects was incorporated in March 1976. The company specialises in delivering large-scale projects across transport infrastructure, energy and environment, commercial and social complexes, industrial buildings, and facilities in sectors such as steel, power, petrochemicals, and refineries.
Shares of GHV Infra Projects ended 2 per cent higher at Rs 1,549.20 on the BSE on Friday, outperforming the broader market where the Sensex fell by 0.7 per cent. 

GHV Infra Projects Ltd. has secured a significant contract worth approximately Rs 26 billion from a UAE-based company operating in the Ras Al Khaimah Economic Zone. The order, awarded through a Letter of Award, tasks GHV Infra with the Engineering, Procurement, and Construction (EPC) of the Erisha Smart Manufacturing Hub, according to a stock exchange filing on Saturday.The total value of the project stands at AED 1.1 billion and is expected to be completed within 24 months, excluding an initial mobilisation and setup period of 90 days. This development marks a major milestone for the company, as the contract value surpasses GHV Infra Projects' market capitalisation of Rs 22.3 billion as of 1 August on the BSE.Formerly known as Sindu Valley Technologies Ltd., GHV Infra Projects was incorporated in March 1976. The company specialises in delivering large-scale projects across transport infrastructure, energy and environment, commercial and social complexes, industrial buildings, and facilities in sectors such as steel, power, petrochemicals, and refineries.Shares of GHV Infra Projects ended 2 per cent higher at Rs 1,549.20 on the BSE on Friday, outperforming the broader market where the Sensex fell by 0.7 per cent. 

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