GMR Infrastructure (GIL), a leading global infrastructure conglomerate led consortium, has been awarded two more packages on the long Eastern dedicated freight Corridor. The consortium has been issued a Letter of Award (LoA) for construction of 221 Km long Eastern Dedicated Freight Corridor railway project at a cost of Rs 2,280.70 crore on EPC (Engineering, Procurement and Construction) basis.
The project funded by World Bank is divided into two packages. The first package comprises of 175 km single line connecting Sahnewal and Pilkhanithat passes through Uttar Pradesh, Haryana and Punjab. The other package is a 46 km double line corridor in Uttar Pradesh connecting Dadri and Khurja. The scope of work in the recently bagged project involves Design and Construction of Civil, Structures and Track Works for Single/Double Line on Design-Build Lump Sum Basis.
GMR Group is not required to provide significant investment for the project since it is implemented on EPC basis. Earlier in April 2016, GMR led consortium emerged as the successful bidder amongst a total of six bidders for the project through an international competitive bidding process.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 83.06 |
| GMR Airports | 101.31 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: