G R Infraprojects Subsidiary Bags Rs 14.5357 bn NHAI Highway Contract
ROADS & HIGHWAYS

G R Infraprojects Subsidiary Bags Rs 14.5357 bn NHAI Highway Contract

G R Infraprojects Limited has said that its wholly owned subsidiary Nasarpore Malotha Highway Private Limited has executed a concession agreement with the National Highways Authority of India (NHAI) for a highway development project in Gujarat. The company disclosed the transaction in a regulatory filing to stock exchanges and stated the agreement was signed on 18 May 2026 under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The filing recorded the contract as a HAM concession covering construction and maintenance obligations.

The project calls for upgrading an existing two lane carriageway into a four lane divided carriageway on a section of NH-56, stretching from Nasarpore Village in Umarpada Taluka to Malotha Village in Vyara Taluka. The total project length is 60.21 kilometres and the development will proceed under the Hybrid Annuity Mode that combines government support with private sector participation. The company indicated that the scope includes widening and capacity enhancement works along the corridor.

G R Infraprojects reported the estimated project cost at Rs 14.5357 bn, excluding GST, and specified a completion period of 910 days from the appointed date. The filing did not set out an operational timetable beyond the construction period and offered no further financial detail in the public submission. The company noted that the project is expected to strengthen road connectivity and improve transportation infrastructure in the region.

The award adds to the group's order book in the road infrastructure segment and aligns with its focus on highway widening and capacity expansion projects. The company requested exchanges to take the information on record and the regulatory filing was signed by Sudhir Mutha, company secretary of G R Infraprojects Limited. The report is based solely on the filing submitted by the company to the stock exchanges.

G R Infraprojects Limited has said that its wholly owned subsidiary Nasarpore Malotha Highway Private Limited has executed a concession agreement with the National Highways Authority of India (NHAI) for a highway development project in Gujarat. The company disclosed the transaction in a regulatory filing to stock exchanges and stated the agreement was signed on 18 May 2026 under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The filing recorded the contract as a HAM concession covering construction and maintenance obligations. The project calls for upgrading an existing two lane carriageway into a four lane divided carriageway on a section of NH-56, stretching from Nasarpore Village in Umarpada Taluka to Malotha Village in Vyara Taluka. The total project length is 60.21 kilometres and the development will proceed under the Hybrid Annuity Mode that combines government support with private sector participation. The company indicated that the scope includes widening and capacity enhancement works along the corridor. G R Infraprojects reported the estimated project cost at Rs 14.5357 bn, excluding GST, and specified a completion period of 910 days from the appointed date. The filing did not set out an operational timetable beyond the construction period and offered no further financial detail in the public submission. The company noted that the project is expected to strengthen road connectivity and improve transportation infrastructure in the region. The award adds to the group's order book in the road infrastructure segment and aligns with its focus on highway widening and capacity expansion projects. The company requested exchanges to take the information on record and the regulatory filing was signed by Sudhir Mutha, company secretary of G R Infraprojects Limited. The report is based solely on the filing submitted by the company to the stock exchanges.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement