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
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code