GHV Infra Projects Share Price Surges Over 3% on Securing ₹7,000 Crore EPC Order from Cameroon Tyres Factory

Written by: Team Angel OneUpdated on: 11 May 2026, 3:51 pm IST
GHV Infra Projects receives LOI worth €630 million for EPC construction of a greenfield tyre manufacturing plant in Cameroon.
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GHV Infra Projects Limited has grabbed significant market attention after the company disclosed the receipt of a Letter of Intent from Cameroon Tyres Factory Project SA for a large-scale international EPC contract.  

LOI Worth €630 Million Received from Cameroon Tyres Factory Project SA 

GHV Infra Projects Limited has received a Letter of Intent from Cameroon Tyres Factory Project SA for proposed execution of Engineering, Procurement and Construction works for a greenfield tyre manufacturing plant at Bekoko, Douala, in the Littoral Region of Cameroon.  

The contract is structured on a Lump Sum Turnkey basis and is valued at €630 million, approximately ₹7,000 crore, excluding applicable taxes. The completion period for the project is 36 months from the Notice to Proceed.  

The contract is classified as an international EPC order with no related party interest or promoter group involvement in the awarding entity. 

Plant To Have Annual Tyre Production Capacity Of 7.6 Million Units 

The facility being constructed under this contract is designed to produce 7.6 million tyres per annum upon completion, positioning it as a significant industrial asset in the Central African region.  

The greenfield nature of the project means GHV Infra will be responsible for end-to-end construction from the ground up, covering engineering design, equipment procurement, and full civil and mechanical construction. 

LSTK contracts of this nature carry higher execution complexity but also command stronger revenue visibility given the fixed-price structure. 

International Order Win Signals GHV Infra's Growing Global Execution Capabilities 

For GHV Infra Projects, which was formerly known as Sindu Valley Technologies Limited, securing a €630 million international EPC contract is a material development that substantially expands the company's order book and establishes its credentials as a global industrial construction player.  

The Cameroon project also highlights the increasing appetite of African nations for large-scale manufacturing infrastructure, particularly in the automotive components and rubber products sector, where domestic production capacity remains limited relative to growing regional demand. 

GHV Infra Share Price Performance 

As of 11 May 2026, at 9:33 AM, GHV Infra Projects share price is trading at ₹274.00 per share, reflecting a surge of 3.85% from the previous closing price. 

Conclusion 

The receipt of a €630 million LOI from Cameroon Tyres Factory Project SA is a watershed moment for GHV Infra Projects Limited, catapulting the company into a new league of international EPC contractors. With a 36-month execution window and a fixed-price LSTK structure, the project provides strong revenue visibility and validates the company's ability to compete for and win large-scale industrial construction mandates in global markets. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 11, 2026, 10:21 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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