G R Infraprojects secures major Pune Ring Road and Nagpur metro projects
ROADS & HIGHWAYS

G R Infraprojects secures major Pune Ring Road and Nagpur metro projects

G R Infraprojects Ltd has received a Letter of Acceptance (LOA) from the Maharashtra State Road Development Corporation Ltd (MSRDC) to construct a 9.341-km segment of the Pune Ring Road.

As of October 16, 2024, at 12:59 PM, G R Infraprojects shares were trading at ?1,637.30, reflecting a 1.12% gain from the previous close. The company's stock has increased by 36% over the past year and 44% since the start of 2024.

The Pune Ring Road project is valued at Rs 1,885.63 crore and will be executed using the Engineering, Procurement, and Construction (EPC) model. The segment will connect Kalyan/Rathwade village to Shivare/Kusgaon village in Pune district, with a completion timeline of 36 months from the start date.

Additionally, G R Infraprojects has secured a ?903.5 crore contract from Maharashtra Metro Rail Corporation Ltd for the design and construction of an elevated metro viaduct in Nagpur. This component of the Nagpur Metro Rail Project spans 17.6 km and includes two special railway spans measuring 79 and 100 meters each.

The contract also encompasses a 1.14-km double-decker six-lane section featuring a vehicular underpass (VUP) as part of Phase-2, Reach-1A of the Nagpur Metro Rail Project.

These projects highlight G R Infraprojects’ significant role in infrastructure development in Maharashtra, enhancing its portfolio in road and metro construction.

G R Infraprojects Ltd has received a Letter of Acceptance (LOA) from the Maharashtra State Road Development Corporation Ltd (MSRDC) to construct a 9.341-km segment of the Pune Ring Road. As of October 16, 2024, at 12:59 PM, G R Infraprojects shares were trading at ?1,637.30, reflecting a 1.12% gain from the previous close. The company's stock has increased by 36% over the past year and 44% since the start of 2024. The Pune Ring Road project is valued at Rs 1,885.63 crore and will be executed using the Engineering, Procurement, and Construction (EPC) model. The segment will connect Kalyan/Rathwade village to Shivare/Kusgaon village in Pune district, with a completion timeline of 36 months from the start date. Additionally, G R Infraprojects has secured a ?903.5 crore contract from Maharashtra Metro Rail Corporation Ltd for the design and construction of an elevated metro viaduct in Nagpur. This component of the Nagpur Metro Rail Project spans 17.6 km and includes two special railway spans measuring 79 and 100 meters each. The contract also encompasses a 1.14-km double-decker six-lane section featuring a vehicular underpass (VUP) as part of Phase-2, Reach-1A of the Nagpur Metro Rail Project. These projects highlight G R Infraprojects’ significant role in infrastructure development in Maharashtra, enhancing its portfolio in road and metro construction.

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?