Purvanchal Expressway project provisionally completed

24 Dec 2021 CW Team

The exchanges were informed by GR Infraprojects Limited that provisional completion of the Purvanchal expressway project’s Sidhi Ganeshpur-Sansarpur stretch in Uttar Pradesh has been completed.

In a filing, the company said that on December 7, 2021, the Independent Engineer issued the Provisional Completion certificate. The project has also been declared fit for entering a commercial operation with effect from November 8, 2021.

In another filing, the company said that the execution of the concession agreement has been done on December 14, with the National Highways Authority of India (NHAI) and its subsidiaries. The subsidiaries include GR Amritsar Bathinda Highway Private Limited and GR Ludhiana Rupnagar Highway Private Limited.

The Six-lane Amritsar- Bathinda Greenfield section along with the construction of four/six lanes on the Greenfield Ludhiana-Rupnagar National Highway are the projects undertaken for development.

G R Infraprojects Limited was trading at Rs 1,694.90 per piece down by 1.13 per cent or Rs 19.45 from the previous closing on the BSE of Rs 1,714.35.

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