GR Infraprojects Share Price Surges on ₹1248 Crore Highway Project in Bihar

G R Infraprojects Limited has achieved a major milestone in its infrastructure development portfolio with the confirmation of the appointed date for a key highway project in Bihar. This project, part of the Bharatmala Pariyojana, is expected to enhance regional connectivity and support India’s growing transportation infrastructure.

Appointed Date Declared for 6-Lane Highway Project

GR Infraprojects Limited has officially announced that its wholly owned subsidiary, GR Varanasi Kolkata Highway Private Limited, has received a letter dated 8th July 2025 from the National Highways Authority of India (NHAI). 

The letter confirms the appointed date as 1st July 2025 for the project titled “Construction of 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway from Anarbansalea village to Sagrampur village (From KM. 151+200 to KM. 184+700, Pkg-7, Total Length = 33.50 Km) under Bharatmala Pariyojana in the state of Bihar on Hybrid Annuity Mode (Package 7).”

This communication was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Scope, Cost and Timeline

The total contract price for the project is ₹1248.37 crore. The construction will be carried out using the Hybrid Annuity Mode (HAM), which combines aspects of EPC and BOT models, ensuring balanced risk-sharing between the public and private sectors.

The total length of the project is 33.50 kilometres, and it is scheduled to be completed within 730 days from the appointed date, i.e., by 30th June 2027. The highway corridor is strategically important, forming part of the Varanasi-Ranchi-Kolkata route and is expected to significantly improve traffic movement and logistics in the eastern region of the country.

Read More: Oriental Rail Infrastructure Secures ₹9.03 Crore Order from MCF, Indian Railways!

GR Infraprojects Share Price Performance 

As of July 09, 2025, at 2:40 PM, GR Infraprojects share price is trading at ₹1,268.90, a surge of 1.60% increase.

Conclusion

The declaration of the appointed date by NHAI for this ambitious highway development project signals strong progress for GR Infraprojects and reflects the government’s continued focus on infrastructure growth under the Bharatmala initiative. Upon completion, this project will be a critical link in India’s expanding highway network.

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