GPT Infraprojects Limited has announced that it has been declared the L1 (first lowest) bidder for a major highway infrastructure project awarded by the National Highways Authority of India (NHAI). The development was disclosed in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
As per the company’s regulatory filing, GPT Infraprojects has secured the project in consortium with ISCPPL under the bid name GPT-ISCPPL. The total contract value stands at ₹670 crore, making it a significant order win for the company’s infrastructure portfolio.
The project involves the construction of a four-lane elevated road in Jodhpur city, Rajasthan. The elevated corridor will stretch from Mahamandir at chainage 0+000 to Akhaliya Chouraha at chainage 7+633. The work is to be executed under the Hybrid Annuity Model (HAM), a structure commonly used by NHAI to balance risk between the authority and the concessionaire.
The order was declared on Monday, December 22, 2025, and is subject to the standard procedures and approvals applicable under NHAI projects. Once executed, the elevated road is expected to improve urban traffic flow and connectivity within Jodhpur, a key city in Rajasthan.
