G R Infraprojects Limited has informed the Exchange about Execution of the Concession Agreement by Munger Link Highway Private Limited ( Wholly Owned Subsidiary ) with the National Highways Authority of India.
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G R Infraprojects' wholly owned subsidiary Munger Link Highway Private Limited has executed a concession agreement with NHAI for constructing a 4-lane greenfield highway section of NH-33 from Mokama to Munger in Bihar. The project has an estimated cost of ₹2,440.87 crores (excluding GST) and will be executed under Hybrid Annuity Mode (HAM). The construction period is 910 days from the Appointed date. This is a significant road infrastructure win for the company in Bihar.
This is a major order win representing approximately 25-30% of the company's typical annual revenue, signalling strong order book growth and future revenue visibility for GR Infraprojects.