GPT Infraprojects Limited has announced the receipt of a significant contract award through a regulatory filing submitted to both BSE Limited and National Stock Exchange of India Limited.
Contract Details
- Awarding Entity: Chief Project Manager, Rail Vikas Nigam Limited, Bhubaneshwar
- Contract Value: ₹483.72 Crore including GST (₹409.94 Crore excluding GST)
- Nature of Work: Construction of Important Bridge 544 (32x65.84m) Open Web Steel Girder over river Mahanadi at Ch. 406305m in connection with construction of 3rd and 4th line between Nergundi-Barang section in Khurda Road Division of East Coast Railway
- Project Type: Bridge works for Railways
- Execution Timeline: 1,095 days from Appointed Date
- Entity Type: Domestic entity
Related Party Disclosure
The company confirmed that:
- Promoter/promoter group/group companies have no interest in the entity that awarded the contract
- The contract does not qualify as a related party transaction
Order Book Update
The press release discloses that the company's outstanding order book now stands at ₹4,992 Crore with total order inflow for Fiscal 2027 of ₹818 Crore.
Company Background
GPT Infraprojects Limited, incorporated in 1980, is the flagship company of GPT Group based in Kolkata. The company operates through two segments: Infrastructure and Sleeper. It is an established railway-focused infrastructure player engaged in execution of civil and infrastructure projects, especially large bridges and ROBs for Railways and Roads for Government contracts. The company also manufactures and supplies concrete sleepers for Railways in India and Africa with manufacturing units located at Panagarh (West Bengal), Ladysmith (South Africa), Tsumeb (Namibia) and Eshiem (Ghana).