GR Infraprojects Secures Major Jharkhand Road Project! 🛣️

Big news from the infrastructure sector! G R Infraprojects Limited (GRINFRA) has just announced a significant win, emerging as the L-1 bidder for a key road construction project in Jharkhand. This is a fantastic development for the company and a testament to its strong capabilities in the infrastructure space.

The project in question is the “Construction of Giridih Bypass (towards Tundi) road,” spanning an impressive total length of 26.672 kilometers. This isn’t just any road; it’s a crucial bypass that will likely ease traffic congestion and improve connectivity in the region.

So, what’s the value of this major undertaking? The contract price for this EPC (Engineering, Procurement, and Construction) project stands at a substantial INR 290.23 Crores. For those unfamiliar, ‘L-1 bidder’ means G R Infraprojects submitted the lowest bid and is therefore the preferred choice for the contract. ‘EPC’ signifies that the company will handle everything from the design and procurement of materials to the actual construction, delivering a complete, ready-to-use project.

The client for this important project is none other than the State Highway Authority of Jharkhand, highlighting the company’s role in supporting state-level infrastructure development. Once the project officially kicks off, G R Infraprojects aims to complete it within 24 months from the appointed date.

This win underscores G R Infraprojects’ continued growth and expertise in executing large-scale infrastructure projects, particularly in the road sector. Such projects are vital for India’s economic progress, enhancing logistics, trade, and overall regional development. It’s certainly an exciting time for the company and its stakeholders! ✨

source: Corporate Announcement

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