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G R Infraprojects’ arm executes concession agreement with NHAI

15 Jun 2022 Evaluate

G R Infraprojects’ wholly owned subsidiary -- GR Bandikui Jaipur Expressway has executed the concession agreement with the National Highways Authority of India (NHAI) on June 14, 2022.

The project is for construction of 4-Lane greenfield expressway spur from Delhi-Vadodara Greenfield expressway near Bandikui to Jaipur in Bharatmala Pariyojana Phase-1 in the state of Rajasthan on hybrid annuity mode. The bid project cost is Rs 1368 crore. Completion period of the project is 730 days from appointed date and operation period is 15 years from commercial operation date.

G R Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.

Peers
Company Name CMP
Larsen & Toubro 3935.00
Kalpataru Projects 1329.90
NCC 119.35
Rail Vikas Nigam 186.50
KEC International 348.85
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