+
G R Infra Surges after Winning Rs 42.63 Bn NHAI Project
ROADS & HIGHWAYS

G R Infra Surges after Winning Rs 42.63 Bn NHAI Project

G R Infraprojects witnessed a 7.94 per cent surge in its stock price, reaching Rs 1,015, following the receipt of a Letter of Acceptance (LoA) from the National Highways Authority of India (NHAI) for a significant highway project valued at Rs 42.62 billion.

The awarded project involves the construction of the Agra-Gwalior Greenfield road across Uttar Pradesh, Rajasthan, and Madhya Pradesh. It will be executed under the Design, Build, Finance, Operate, and Transfer (DBFOT) model on a Build-Operate-Transfer (BOT) Toll basis, as part of the National Highways (Original) [NH(O)] scheme. The completion timeline for the project is set at 910 days.

The scope of work includes the development of a six-lane, access-controlled highway, starting from Deori village in Agra district and extending to Susera village in Gwalior district, covering a design length of 88.4 kilometers. Additionally, the project entails strengthening, road safety enhancements, and improvement works on the existing Agra-Gwalior section of NH-44, spanning design chainage from 13.00 to 103.00, within the three states.

G R Infraprojects specializes in infrastructure development, offering engineering, procurement, and construction (EPC) services, along with projects executed under the BOT model. The company's involvement in large-scale highway construction further strengthens its position in the sector.

News source: BUSINESS STANDARD

G R Infraprojects witnessed a 7.94 per cent surge in its stock price, reaching Rs 1,015, following the receipt of a Letter of Acceptance (LoA) from the National Highways Authority of India (NHAI) for a significant highway project valued at Rs 42.62 billion. The awarded project involves the construction of the Agra-Gwalior Greenfield road across Uttar Pradesh, Rajasthan, and Madhya Pradesh. It will be executed under the Design, Build, Finance, Operate, and Transfer (DBFOT) model on a Build-Operate-Transfer (BOT) Toll basis, as part of the National Highways (Original) [NH(O)] scheme. The completion timeline for the project is set at 910 days. The scope of work includes the development of a six-lane, access-controlled highway, starting from Deori village in Agra district and extending to Susera village in Gwalior district, covering a design length of 88.4 kilometers. Additionally, the project entails strengthening, road safety enhancements, and improvement works on the existing Agra-Gwalior section of NH-44, spanning design chainage from 13.00 to 103.00, within the three states. G R Infraprojects specializes in infrastructure development, offering engineering, procurement, and construction (EPC) services, along with projects executed under the BOT model. The company's involvement in large-scale highway construction further strengthens its position in the sector. News source: BUSINESS STANDARD

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code