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G R Infraprojects gets completion certificate for road project

The Bid project cost is Rs1827 crore, the company said.

November 25, 2022 9:19 IST | India Infoline News Service
G R Infraprojects Limited has announced that the project "Four Laning of Gundugolanu - DevarapaIli - Kovvuru Section of NH-16 from Km. 15.320 (Existing Km. 15.700) to Km. 85.204 (existing Km. 81.400) (Design Length = 69.884 Km.) in the State of Andhra Pradesh under Bharatmala Pariyojana on Hybrid Annuity Mode" of GR Gundugolanu Devarapalli Highway Private Limited, a wholly owned subsidiary of the Company, has been completed.

Further, as per the filing, the Completion certificate has been issued by the Independent Engineer on November 22, 2022 and has declared the project fit for entry into commercial operation with effect from September 30, 2022, the company said.

The Bid project cost is Rs1827 crore, it further added.

At around 9:19 AM, G R Infraprojects Ltd is currently trading at Rs1,178.10 per share down by Rs6.95 or 0.59% from its previous closing of Rs1,185.05 per share on the BSE.

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