G R Infraprojects arm executes concession agreement with NHAI for road project

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NHAI- CONSTROFACILITATOR

G R Infraprojects’ wholly owned subsidiary — GR Ujjain Badnawar Highway has executed the concession agreement with the National Highways Authority of India (NHAI) for road project in Madhya Pradesh.

The project is for 4-Laning of Ujjain-Badnawar Section of NH-752D from km 26.900 to km 96.00 (Length-69.1 km) in the State of Madhya Pradesh on Hybrid Annuity Mode. The project bid cost is Rs 907 crore and completion period is 730 days from appointed 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.

GR Infraprojects is currently trading at Rs. 1431.00, up by 9.75 points or 0.69% from its previous closing of Rs. 1421.25 on the BSE.