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The tender involves construction of 4‐lane highway with paved shoulders on a section of NH‐731A on hybrid annuity mode (HAM) in the state of Uttar Pradesh (UP). The project bid cost is Rs 737.17 crore.
The project completion period is 730 days from the appointed date. The operation period is 15 years from the commercial operation date.
G R Infraprojects is an integrated road engineering, procurement and construction (EPC) company largely focused on road sector. The company has also recently diversified into projects in the railway sector.
The company's consolidated net profit zoomed to Rs 323.65 crore in the quarter ended December 2022 as against Rs 145.48 crore during the previous quarter ended December 2021. Net sale rose 12.10% YoY to Rs 2,191.88 crore in Q3 FY23.
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