G R Infraprojects Secures Major Highway Project

G R Infraprojects Limited has been awarded a significant contract from the National Highways Authority of India (NHAI) for the construction of the Agra-Gwalior Greenfield Road. This Letter of Acceptance (LOA), issued on 18th March 2025, marks a crucial milestone for the company in the infrastructure sector.

Project Overview: Strengthening National Connectivity

The project involves the development of a six-lane, access-controlled greenfield highway spanning from Deori in Agra to Susera in Gwalior. Additionally, it includes overlaying, strengthening, and enhancing road safety features on the existing Agra-Gwalior section of NH-44. This initiative aims to improve connectivity across Uttar Pradesh, Rajasthan, and Madhya Pradesh.

Financials and Execution Timeline

With an estimated cost of ₹4,262.78 crore (inclusive of GST), the project will be executed under the Design-Build-Finance-Operate-Transfer (DBFOT) model at BOT (Toll) mode. The completion timeline for the project is set at 910 days from the appointed date.

GR Infraprojects Share Performance 

As of March 19, 2025, at 12:10 PM, the shares of GR Infraprojects Ltd are trading at ₹1,036.00 per share, reflecting a profit of 10.14% from the previous day’s closing price. Over the past month, the stock has registered a loss of 2.25%.

Conclusion

The awarding of this contract reinforces G R Infraprojects’ position in India’s road infrastructure sector. The company has committed to providing timely updates on project developments, ensuring transparency and efficiency in execution.

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