GPT Infraprojects Limited announced that its joint venture, RPS-GPT (JV), has been declared the L1 bidder for a major infrastructure project awarded by the Municipal Corporation of Greater Mumbai (MCGM). The total order value stands at ₹1,739.49 crore, with the announcement made on Saturday, December 13, 2025.
The project has been awarded by MCGM and involves the construction of a flyover along LBS Marg, extending from Kalpana Talkies in Kurla (L Ward) to Pankhe Shah Dargah in Ghatkopar West (N Ward) in Mumbai’s eastern suburbs. This flyover is expected to significantly improve traffic flow and connectivity along one of the city’s busiest corridors.
The contract has been secured through the RPS-GPT joint venture, in which GPT Infraprojects Limited holds a 26% stake. Accordingly, GPT Infraprojects’ share in the project is valued at ₹452.27 crore out of the total contract size of ₹1,739.49 crore. The JV structure enables efficient execution by combining expertise and resources.
Winning L1 status for a large municipal project in Mumbai enhances GPT Infraprojects’ order book and strengthens its presence in complex urban infrastructure development, reinforcing its execution credentials.
On December 15, 2025, GPT Infraprojects share price (NSE: GPTINFRA) opened at ₹107.74, up from its previous close of ₹103.41. At 11:12 AM, the share price of GPT Infraprojects was trading at ₹107.74, up by 4.19% on the NSE.
Also Read: GPT Infraprojects Secures ₹199.17 Crore Order!
GPT Infraprojects Limited, the flagship company of the GPT Group, is a premier infrastructure company headquartered in Kolkata. Incorporated in 1980, the company operates across two key segments, Infrastructure and Sleeper.
GPT Infraprojects is a well-established railway-focused infrastructure player, with strong expertise in executing civil and infrastructure projects, particularly large bridges, road over bridges (ROBs) for railways, and road projects for government clients. In the Sleeper segment, the company manufactures and supplies concrete sleepers to railways in India as well as select international markets, including Africa.
The L1 declaration for the ₹1,739.49 crore MCGM flyover project marks a significant milestone for GPT Infraprojects Limited. With a ₹452.27 crore share in a high-impact urban project and a strong track record in infrastructure execution, the company remains well-positioned to benefit from sustained public infrastructure spending.
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Published on: Dec 15, 2025, 11:20 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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