G R Infraprojects Limited (GRIL), a leading infrastructure development company, has achieved another milestone by emerging as the L-1 (Lowest Bidder) in the financial bid opening held on January 13, 2025.
The tender was invited by the Maharashtra State Road Development Corporation Limited (MSRDC) for the construction of a key segment of the Pune Ring Road (East).
The awarded project involves the construction of an access-controlled stretch of the Pune Ring Road (East) under the Engineering, Procurement, and Construction (EPC) model. The specific details of the project are as follows:
- Project Name: Construction of Access Controlled Pune Ring Road (East), Package PRR E6
- Location: From Km. 81+900 (Sonori) to Km. 97+900 (Garade), Taluka Purandar, District Pune, Maharashtra
- Length: 16.000 kilometers
- Contract Value: INR 1,947.00 crores
- Completion Period: 1,095 days from the appointed date
- Mode: Engineering, Procurement, and Construction (EPC)
In the meantime, G R Infraprojects shares opened at ₹1,312.00, reaching a high of ₹1,345.00 and a low of ₹1,281.05 today. The stock’s 52-week high stands at ₹1,860.00, with a 52-week low of ₹1,106.00. As of 1:30 PM, the shares were trading 2.13% lower at Rs 1,293.90.
