The details of the projects are as follows:
The project is Upgradation to Four Lane with Paved Shoulder of NHâ€341 from Bhimasar, Junction of NHâ€41 to Anjar — Bhuj upto Airport Junction, Km 0.000 to Km 65.478 in the State of Gujarat on Hybrid Annuity Mode.
Name of the subsidiary is GR Bhimasar Bhuj Highway Private Limited where bid project cost is Rs1085 crore.
Further, the completion period is 910 days from the appointed date and operation period is 15 years from commercial operation date.
The second project is Construction of Four Laning of NHâ€71 from Madanapalli (Design Km 0.000/Existing Km 0.000) to Pileru (Design Km 55.900/Existing Km 59.250) (Design Length = 55.900 Km) Packageâ€I on HAM Mode in the State of Andhra Pradesh under Bharatmala Pariyojna.
Name of the subsidiary is GR Madanapalli Pileru Highway Private Limited where bid project cost is Rs1577 crore.
Further, the completion period is 730 days from the appointed date and operation period is 15 years from commercial operation date.
At around 9:19 AM, G R Infraprojects was trading at Rs1220.65 per share higher by 0.47% on the BSE.
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