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G R Infraprojects Ltd. ( (IN:GRINFRA) ) has provided an update.
G R Infraprojects Limited announced that its wholly owned subsidiary, GR Bilaspur Urga Highway Private Limited, has received Provisional Completion Certificate–II for an additional 13.895 km of the Bilaspur–Urga section of NH-130A in Chhattisgarh, taking the total provisionally completed project length to 69.015 km out of 70.200 km. The 4-laning project, part of the Bharatmala Pariyojana’s Raipur–Dhanbad Economic Corridor and executed on a Hybrid Annuity Mode with a bid project cost of Rs 1,527 crore, has been declared fit for commercial operations with effect from June 30, 2025, marking a significant milestone that advances the company’s project execution track record in national highway development and supports its revenue visibility from annuity-based road assets.
More about G R Infraprojects Ltd.
G R Infraprojects Limited is an Indian infrastructure company primarily engaged in the development and execution of road and highway projects. The company focuses on national and state highway construction, including large-scale projects awarded under government initiatives such as Bharatmala Pariyojana, often executed through models like Hybrid Annuity Mode via special purpose vehicles and subsidiaries.
Average Trading Volume: 2,789
Technical Sentiment Signal: Sell
Current Market Cap: 94.74B INR
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