G R Infraprojects wins Rs.91.60 Cr MMLP Varanasi project on DBFOT basis
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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G R Infraprojects has been declared the successful bidder for development, operation and maintenance of the Multi Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The project is on a Public Private Partnership (DBFOT) basis, awarded by Varanasi MMLP Limited. The contract is worth Rs. 91.60 Crores with a 1-year construction period and a 45-year concession period. It is a domestic order and not a related party transaction.
Positive order win adds to the order book; long 45-year concession offers recurring revenue visibility beyond construction.