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MoneyWorks4Me

G R Infraprojects’ arm achieves financial closure for Madhya Pradesh Project

17 Nov 2022 Evaluate

G R Infraprojects’ Wholly Owned Subsidiary -- Rajgarh Transmission has achieved the Financial Closure for its Project 'Transmission system for evacuation of power from RE projects in Rajgarh (2500 MW) SEZ in Madhya Pradesh' vide letter dated October 27, 2022 by Standard Chartered Bank and subsequently acknowledged by the Long-Term Transmission Customer Rewa Ultra Mega Solar vide its letter dated November 14, 2022. Cost of the project is Rs 426 crore.

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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