GPT Infra Soars on Rs 4.81 Bn Railway Bridge Order from SER Kolkata

04 Apr 2025 CW Team

Shares of GPT Infraprojects surged 6.53% to Rs 128.05 after the company announced securing a Rs 4.81 Bn contract from CAO Construction, South Eastern Railway, for a significant infrastructure project.

The order includes the construction of Bridge No. 57 over the river Rupnarayan, comprising 2x30.5m OWG, 7x91.4m OWG, and 2x30.5m OWG, along with viaducts on both approaches—11x30.5m and 15x30.5m composite girders.

As part of the project, GPT Infra will also build the Kolaghat Station on elevated Platforms 1 and 2, situated on a diverted alignment of the Howrah-Kharagpur route in the Kharagpur Division. The project will be implemented under the Engineering, Procurement & Construction (EPC) model.

GPT Infraprojects, the flagship of the GPT Group, is a Kolkata-based infrastructure major operating in two core segments: infrastructure and concrete sleepers. The company specialises in executing large-scale civil projects, particularly bridges and road-over-bridges (ROBs) for the Indian Railways. Its sleeper division manufactures and supplies concrete railway sleepers for both domestic and African markets.

The company recently reported a 43.7% jump in consolidated net profit to Rs 214.2 million for Q3 FY25, with revenues rising 9.6% year-on-year to Rs 2.78 billion, reflecting strong operational momentum.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..