G R Infra Wins Rs 42.62 Billion NHAI Road Project

19 Mar 2025 CW Team

G R Infraprojects has been selected as the preferred bidder for the Agra-Gwalior Greenfield Road project, awarded by the National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways.

Valued at Rs 42.62 billion, the project will be executed under the Design, Build, Finance, Operate, and Transfer (DBFOT) model on a Build-Operate-Transfer (BOT) toll basis.

It involves developing a six-lane, access-controlled greenfield highway connecting Deori village in Agra to Susera village in Gwalior, spanning Uttar Pradesh, Rajasthan, and Madhya Pradesh. Additionally, the project includes strengthening and enhancing safety on the existing Agra-Gwalior section of NH-44. The completion timeline is set at 910 days from the appointed date.

G R Infraprojects specialises in infrastructure development through Engineering, Procurement, and Construction (EPC) and BOT models. In Q3 FY25, the company reported a 7.82% rise in consolidated net profit to Rs 2.61 billion, despite a 20.6% decline in revenue from operations to Rs 16.94 billion compared to Q3 FY24.

(Business Standard)

Infrastructure Urban

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