GPT Infraprojects Share Price Gains Over 3%; Secures ₹483.7 Crore Contract for Railway Bridge Construction

On September 2, 2026, GPT Infraprojects Limited was awarded a significant contract valued at ₹483.7 crore, inclusive of GST, by Rail Vikas Nigam Limited, as per the exchange filings.
This contract involves the construction of an important railway bridge over the Mahanadi River, marking a notable achievement for the company.
Details of the ₹483.7 Crore Contract
On September 2, 2026, GPT Infraprojects Limited announced that it had been declared the L1 (First Lowest) bidder for a contract worth ₹483.7 crore, including GST. The contract, valued at ₹410 crore plus GST, was awarded by Rail Vikas Nigam Limited.
The project involves constructing an Open Web Steel Girder bridge over the Mahanadi River, located at Ch. 406305m, as part of the development of the 3rd and 4th railway lines between Nergundi and Barang in the Khurda Road Division of East Coast Railway.
Project Scope and Significance
The awarded contract entails the construction of Bridge 544, which will consist of 32 spans, each measuring 65.84 metres.
This infrastructure project is crucial for enhancing railway connectivity and capacity in the region, supporting the development of additional railway lines.
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Client and Contractual Details
The client for this project is Rail Vikas Nigam Limited, a key player in railway infrastructure development. GPT Infraprojects' successful bid as the L1 contractor underscores its competitive edge in securing large-scale infrastructure projects.
GPT Infraprojects Share Price Performance
As of September 02, 2026, at 11:17 AM, GPT Infraprojects share price on NSE was trading at ₹111.20, up by 3.23% from the previous closing price.
Conclusion
GPT Infraprojects Limited has secured a ₹483.7 crore contract from Rail Vikas Nigam Limited for constructing a major railway bridge over the Mahanadi River. The project involves building an Open Web Steel Girder bridge as part of the 3rd and 4th railway lines between Nergundi and Barang.
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Published on: Sep 2, 2026, 11:45 AM IST

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