GPT Infraprojects Share Price Jumps Over 3% on Securing ₹670 Crore Contract from NHAI

GPT Infraprojects Limited has been declared the lowest bidder (L1) for a road infrastructure project valued at ₹670 crore, as per an exchange filing dated December 22, 2025. 

The bid has been submitted through a consortium with ISCPPL under the name GPT-ISCPPL. The project has been awarded by the National Highways Authority of India (NHAI). 

Project Scope 

The contract involves the construction of a 4-lane elevated road in Jodhpur city, Rajasthan. The proposed stretch runs from Mahamandir at chainage 0+000 to Akhaliya Chouraha at chainage 7+633. 

The elevated road is expected to pass through densely built sections of the city, where traffic movement is constrained by limited surface-level road space. 

Contract Structure 

The project will be executed under the Hybrid Annuity Model (HAM). Under this structure, a portion of the project cost is paid by the authority during the construction phase, with the remaining amount paid to the developer as annuities over the concession period. 

HAM projects are commonly used for national highway developments, with construction, operation, and maintenance obligations defined in the concession agreement. 

GPT Infraprojects Share Price Performance  

As of 10:42 am on December 23, 2025, GPT Infraprojects share price was trading at ₹111.67, a 3.16% increase from the previous closing price. 

Read More: GPT Infraprojects JV Emerges L1 for ₹1,739.49 Crore MCGM Flyover Project! 

Conclusion 

The L1 declaration places the GPT-ISCPPL consortium in line for the ₹670 crore NHAI contract, subject to completion of tender-related procedures and execution of the final agreement. 

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