GR Infraprojects Bags Western Railway Gauge Conversion Order Worth ₹262.28 Crore

GR Infraprojects Ltd, a distinguished Indian infrastructure enterprise, is renowned for its expertise in the construction and development of transportation infrastructure, with a primary focus on road projects, including highways, expressways, and urban infrastructure.

GR Infrastructure has the Lowest Bidder 

On January 29, 2025, GR Infraprojects announced that it has emerged as the lowest (L-1) bidder for a prestigious ₹262.28 crore railway infrastructure project under the auspices of Western Railway. The contract entails the gauge conversion of a 38.90 km track between Kosamba and Umarpada in the Vadodara division.

“We are delighted to inform you that our company has secured the position of L-1 bidder in the financial bid opening dated January 29, 2025, for the following tender issued by Western Railway,” GR Infraprojects stated in a regulatory filing.

This project, awarded under the EPC model, involves a variety of works, including earthworks, blanketing, ballast supply, bridge construction, station amenities, office buildings, and water and sanitation systems. 

It also includes the construction of 30 Road Under Bridges (RUBs) and complete track linking, excluding new rail supply. The financial bid was opened on January 29, 2025, with a completion timeline of 24 months from the appointed date.

GR Infraprojects Received a Letter of Intent (LoI)

In addition, GR Infraprojects revealed last month that it had received a Letter of Intent (LoI) from PFC Consulting Ltd for a prominent “transmission scheme” designed to integrate the Bijapur Renewable Energy Zone (REZ). 

Share Price Performance 

On January 30, 2025, at 9:37 AM, G R Infraprojects Ltd shares traded at ₹1,291.40 per share on the NSE.

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