G R Infraprojects Wins ₹1453.57 Crore Highway Project Bid In Gujarat Under HAM Mode
· Free Press Journal
Mumbai: G R Infraprojects has secured a key infrastructure win, strengthening its order pipeline with a large highway project awarded through a competitive bidding process.
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Emerges As L1 Bidder
The company has been declared the L-1 bidder for a project involving the upgradation of an existing two-lane carriageway into a four-lane divided highway. The project covers a 60.21 km stretch on NH-56 in Gujarat, connecting locations between Umarpada taluka and Vyara taluka, as detailed on page 1.
Project Value And Scope
The contract is valued at Rs 1453.57 crore and will be executed under the Hybrid Annuity Mode. The scope includes expanding the current road infrastructure to a four-lane divided carriageway, indicating a significant upgrade in capacity and connectivity along this corridor.
G R Infraprojects Emerges As L-1 Bidder For ₹2,440.87 Crore NHAI Highway Project In BiharExecution Timeline Defined
The project is scheduled for completion within 910 days from the appointed date. This timeline reflects a structured execution plan aligned with infrastructure development standards, ensuring phased progress and timely delivery.
Strengthens Order Pipeline
Winning this bid adds a sizable project to the company’s portfolio, reinforcing its presence in the highways segment. The company has indicated that it will provide further updates as the project progresses, signaling ongoing engagement with stakeholders. G R Infraprojects’ latest bid win highlights continued traction in road infrastructure projects, particularly under the Hybrid Annuity Model framework.
Disclaimer: This article is based solely on the contents of the referenced corporate filing and does not include any external reporting, analysis, or independent verification.