GR Infraprojects Secures Rs.4,262.78 Crore Highway Project from NHAI. Stock rises 12%

Summary:

GR Infraprojects has received a Letter of Acceptance (LOA) on 18th March 2025 from the National Highways Authority of India (NHAI) for the construction of the Agra-Gwalior Greenfield Road project valued at Rs.4,262.78 Crore (Including GST)

Stock Performance:

• GR Infraprojects' stock surged 12.4%, hitting an intraday high of Rs.1,057.50 following the announcement.

• Market Cap : Rs.10,196.91 Cr.

Key Data Points:

• Company: GR Infraprojects Ltd.

• Project Value: Rs.4,262.78 Crore (Including GST)

• Client: NHAI (Ministry of Road Transport & Highways)

• Execution Mode: BOT (Toll) under NH(O) scheme

Project Breakdown:
Section 1:

• Scope: Development of a 6-lane access-controlled highway

• Route: Village Deori (Agra) to Village Susera (Gwalior)

• States Covered: Uttar Pradesh, Rajasthan, Madhya Pradesh

• Length: 88.4 km

Section 2:

• Scope: Overlay, strengthening, and road safety improvements

• Route: Agra-Gwalior Section (NH-44)

• Design Chainage: 13.00 km to 103.00 km

• Execution Mode: DBFOT (Toll) under NH(O) scheme

About the Company:

Incorporated in the year 1995, G R Infraprojects Ltd is an integrated road Engineering, Procurement, Construction company (EPC) with experience in the design and construction of various road/highway projects across 15 States in India. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector.

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