G R Infraprojects Inks Concession Deal with NHAI

11 Jul 2023 CW Team

On July 5th, the share price closed at Rs 1,306.20, up 0.20% from the previous closing of Rs 1,303.55. During the day, the stock moved in a range of Rs 1,285.25 to Rs 1,338.85. The company's market capitalization was Rs 126.29 billion.

On July 5th, the stock outperformed the overall market, which closed in the green. The Sensex fell 0.05%, while the Nifty rose 0.05%.

The Company's fully owned subsidiary, GR Varanasi Kolkata Highway Private Limited, has inked a concession deal with the NHAI.

The project entails the construction of a 33.50-kilometer-long 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Anarbansalea village to Sagrampur village in Bihar.

It should be mentioned that the project is a component of the Bharatmala Pariyojana and will be carried out using the Hybrid Annuity Mode (Package 7). The total project cost is Rs 12.48 billion.

The operating time is 15 years from the commercial operation date, and the completion period is 730 days from the appointed date.

The pipeline of GR Infraprojects appears to be in good shape. The business signed an engineering, procurement, and construction deal with the East Coast Railway on July 3rd for the construction of a tunnel between Adenigarh and Purunakatak. The project will be completed using the EPC model and will cost around Rs 5.87 crore.

Strong Corporate Governance is ensured through the incorporation of technology at every stage of construction, strong planning and monitoring, clearly defined processes, and digital project management.

G R Infraprojects Limited ("GRIL"), founded in 1995, has established a brand recognition as a focused EPC company with extensive experience and competence in delivering road and railway projects. It began its adventure in 1997 with the construction of a road project for the Public Works Department (PWD) of Rajasthan worth 265 lakhs. Over 100 road projects in 16 Indian states have been designed and built by the company.

G R Infraprojects inked a concession deal with the National Highways Authority of India (NHAI) for a 12-lane Greenfield Varanasi-Ranchi-Kolkata Highway worth Rs 12.48 billion. The contract was signed by the company's wholly-owned subsidiary. On July 5th, the share price closed at Rs 1,306.20, up 0.20% from the previous closing of Rs 1,303.55. During the day, the stock moved in a range of Rs 1,285.25 to Rs 1,338.85. The company's market capitalization was Rs 126.29 billion. On July 5th, the stock outperformed the overall market, which closed in the green. The Sensex fell 0.05%, while the Nifty rose 0.05%. The Company's fully owned subsidiary, GR Varanasi Kolkata Highway Private Limited, has inked a concession deal with the NHAI. The project entails the construction of a 33.50-kilometer-long 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Anarbansalea village to Sagrampur village in Bihar. It should be mentioned that the project is a component of the Bharatmala Pariyojana and will be carried out using the Hybrid Annuity Mode (Package 7). The total project cost is Rs 12.48 billion. The operating time is 15 years from the commercial operation date, and the completion period is 730 days from the appointed date. The pipeline of GR Infraprojects appears to be in good shape. The business signed an engineering, procurement, and construction deal with the East Coast Railway on July 3rd for the construction of a tunnel between Adenigarh and Purunakatak. The project will be completed using the EPC model and will cost around Rs 5.87 crore. Strong Corporate Governance is ensured through the incorporation of technology at every stage of construction, strong planning and monitoring, clearly defined processes, and digital project management. G R Infraprojects Limited (GRIL), founded in 1995, has established a brand recognition as a focused EPC company with extensive experience and competence in delivering road and railway projects. It began its adventure in 1997 with the construction of a road project for the Public Works Department (PWD) of Rajasthan worth 265 lakhs. Over 100 road projects in 16 Indian states have been designed and built by the company. See also: NHAI seeks bids for Varanasi-Ranchi-Kolkata highway Nitin Gadkari: National Highways grow 59% in 9 years

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Building Material

09 Jan 2026

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..