GPT Infraprojects Shares Close 2% Higher; Wins ₹1,201 Crore Rail-cum-Road Bridge Contract in JV with RVNL

GPT Infraprojects Limited has announced the award of a major infrastructure contract valued at ₹1,201.36 crore, secured through a joint venture with Rail Vikas Nigam Limited (RVNL). 

The project involves the design and construction of a rail-cum-road bridge over the River Ganga in Varanasi, Uttar Pradesh. The development adds to the company’s railway focused portfolio and contributes to its ongoing order inflow for the current financial year.

Contract Details and Awarding Authority

The contract has been awarded by the Chief Administrative Officer (Construction), Northern Railway. It relates to the construction of a new rail-cum-road bridge downstream of the existing Malviya Bridge near Kashi railway station in Varanasi.

The announcement follows an earlier intimation in which the company had emerged as the lowest bidder for the project. The disclosure was made in compliance with SEBI’s listing and disclosure regulations.

Scope of Work

The project includes the design and construction of Bridge No. 11 across the River Ganga, incorporating both rail and road infrastructure. The bridge will feature four railway tracks on the lower deck and a six-lane roadway on the upper deck.

Work under the contract covers substructure and superstructure construction using open web steel girders, railway and road approach infrastructure, overhead electrification works and associated general electrical installations.

Joint Venture Structure and Project Value

The total contract value stands at ₹1,201.36 crore. The project will be executed through a joint venture with Rail Vikas Nigam Limited, in which GPT Infraprojects holds a 40% participation share amounting to approximately ₹480.54 crore.

The company confirmed that the contract has been awarded by a domestic entity and does not involve related party transactions or promoter group interests.

Execution Timeline

The project is scheduled for completion within 1,461 days from the appointed date. Execution will be carried out in phases aligned with railway construction standards and engineering requirements for large bridge infrastructure.

Company Profile and Business Operations

GPT Infraprojects Limited, headquartered in Kolkata, operates primarily in infrastructure construction and railway-related engineering projects. Its activities include the execution of civil works such as bridges, road overbridges and railway infrastructure for government clients.

The company also operates a sleeper manufacturing segment, producing concrete sleepers supplied to railway networks in India and several international markets, including facilities located in West Bengal, South Africa, Namibia and Ghana.

Following the latest order, the company’s overall order book stands at approximately ₹4,895 crore, with cumulative order inflows for fiscal year 2026 reported at ₹2,250 crore.

GPT Infraprojects Share Price Performance

Shares of GPT Infraprojects Limited ended the trading session on 17 February 2026 at ₹124.90, representing a gain of about 2.21% compared with the previous close of ₹122.20.

During the day, the stock opened at ₹122.00, reached an intraday high of ₹131.76 and recorded a low of ₹120.62.

Conclusion

The newly secured rail-cum-road bridge project adds to GPT Infraprojects’ presence in railway infrastructure development and supports its existing order pipeline. While execution will span multiple years, the contract reflects continued investment in transport connectivity projects and infrastructure expansion within India’s railway network.

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