G R Infraprojects Wins ₹2,440.87 Crore Highway Project from NHAI

G R Infraprojects Limited has received a Letter of Award dated March 23, 2026, from the National Highways Authority of India for a major highway infrastructure project in Bihar. The project involves the construction of a four-lane greenfield section of NH-33 between Mokama and Munger.

The contract is valued at approximately ₹2,440.87 crore, marking a significant addition to the company’s infrastructure project portfolio.

Scope of the Project

The project includes the construction of a four-lane greenfield stretch of National Highway 33 starting from Mokama at design chainage 0+000 and extending up to Munger at design chainage 82+400. The highway project is aimed at improving road connectivity and transportation efficiency in the region.

The project will be executed under the Hybrid Annuity Mode (HAM), a model widely used for highway development projects in India.

Execution Timeline

According to the details provided, the project is expected to be completed within a period of 910 days from the appointed date. Under the HAM model, the government and private developer share the project cost and associated risks, ensuring steady funding and timely execution.

G R Infraprojects Share Price Today

On March 25, 2026, G R Infraprojects share price opened at ₹825.15. At 9:39 AM, the share price of G R Infraprojects was trading at ₹838.10, up by 1.96% on the NSE.

Also Read: GR Infraprojects Emerges as L1 Bidder for ₹2,440 Crore NH-33 Project!

Conclusion

The award of this large highway project highlights the continued involvement of G R Infraprojects in India’s road infrastructure development. The project is expected to strengthen connectivity in Bihar while further reinforcing the company’s presence in the national highways construction sector.

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