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GPT Infraprojects’ JV bags order worth Rs 90.5 crore

30 Jan 2017 Evaluate

GPT Infraprojects has bagged an order worth Rs 90.5 crore in joint venture (JV) with Hari Construction, where GPT’s share is 51%. The order has been bagged from IRCON International for works related to Kiul-Gaya railway line.

The order pertains to earthwork in filling in embankment, provision of blanketing material, construction/extension of minor bridges and miscellaneous works in connection with doubling of railway line in between Kiul-Gaya. The project is scheduled to be completed in 18 months.

GPT Infraprojects is an infrastructure company. It offers civil construction projects for infrastructure work such as railways, roads, airports, irrigation and urban infrastructure. The firm also has manufacturing facilities for railway concrete sleepers.



Peers
Company Name CMP
Larsen & Toubro 3770.00
Kalpataru Projects 1376.45
NCC 130.30
Rail Vikas Nigam 203.00
KEC International 390.40
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