G R Infraprojects Limited has emerged as the lowest bidder for a tender invited by National Highways Authority of India.
The National Highways Authority of India issued the tender for “Four laning of NH 530B from Devinagar Bypass (End) (Existing Km. 208.000 of NH 530B/Design Km. 66.000) to Kasganj Bypass (End) (Existing Km. 150.100 of NH 530B/Design Km. 123.100) in the state of Uttar Pradesh on Hybrid Annuity basis,”
The Hybrid Annuity Mode (HAM) project’s bid project cost is Rs. 1226.87 crore. The operational period is 15 years from the date of commercial operation, and the completion period is 730 days from the appointed date.
According to G R Infraprojects’ website, the company’s journey started with first road project that was executed for the PWD (Public Works Department), Rajasthan with a Bid Project Cost of ₹ 26.50 million in 1997, and “since then we have continued to scale-up the value chain and have gradually increased our execution capabilities in terms of size and complexity of projects, and across various sectors.”
