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GR Infraprojects has emerged as the L-1 bidder for a ₹262.3 crore railway project under Western Railway. The contract involves the gauge conversion of a 38.9 km track from Kosamba to Umarpada and includes infrastructure work such as bridges, station facilities, and track linking.
GR Infraprojects Ltd has been declared the lowest (L-1) bidder for a ₹262.3 crore railway infrastructure project under Western Railway. The contract involves converting a 38.9 km railway track from Kosamba to Umarpada in the Vadodara division. The financial bid was opened on 29 January 2025, and the project will be executed under the engineering, procurement, and construction (EPC) mode, ensuring efficiency in infrastructure development. The completion timeline for the project is set at 24 months from the appointed date.
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GR Infraprojects wins a ₹262.3 crore railway infrastructure project.
The project involves gauge conversion of a 38.9 km railway track.
It will be executed under the EPC mode for timely completion.
The scope includes earthwork, ballast supply, station development, and bridges.
30 roads under bridges (RUBs) will be constructed as part of the project.
The project is expected to be completed within 24 months.
GR Infraprojects share price saw an increase, closing at ₹1,266.35 on the BSE.
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The railway project covers comprehensive infrastructure work, including earthwork, blanketing, and ballast supply for track stability. It also includes minor and major bridge construction, development of station amenities, construction of office buildings, water supply and sanitation systems, and retaining walls. Furthermore, 30 roads under bridges (RUBs) will be built to improve connectivity and ensure seamless railway operations. The project will include complete track linking but excludes the supply of new rails.
Apart from the railway contract, GR Infraprojects recently secured a ₹107.7 crore per annum transmission project from PFC Consulting Ltd. The Karnataka-based project involves setting up a 400/220 KV, 5x500 MVA pooling station near Bijapur and constructing a 400 KV transmission line between Bijapur PS and Raichur. This project will be executed under a build-own-operate-transfer (BOOT) model and is also expected to be completed in 24 months.
With the successful acquisition of multiple infrastructure projects, GR Infraprojects continues to strengthen its market presence. The company's ability to secure large-scale contracts reinforces its expertise in the sector. GR Infraprojects share price reflected investor confidence, closing at ₹1,266.35, marking an increase of 1.56% on the BSE. As the company expands its portfolio in railway and power transmission projects, further developments in its stock performance can be expected.
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