GR lnfraprojects emerges L-1 bidder for NHAI project in Madhya Pradesh

22 Mar 2022 , 09:45 AM

GR lnfraprojects Limited has emerged as L-1 bidder in Financial Bid Opening dated March 21, 2022 for the tender invited by National Highways Authority of India for “4-laning of Ujjain-Badnawar Section from km 26.9 to km 96.00 (length-69.1 km) in the State of Madhya Pradesh on Hybrid Annuity Mode.”

The bid project cost is Rs907 crore and completion period 730 days from appointed date and operation period 15 years from commercial operation date, company said in a filing on Monday.

GR Infraprojects Ltd was trading at Rs1,445.90 per piece up by Rs18.5 or 1.3% from its previous closing of Rs1,427.40 per piece on the BSE.