G R Infraprojects Limited has announced the successful completion of a significant infrastructure project in Maharashtra. The project involved the four-laning of the existing two-lane stretch from Govindpur (MH/TG Border) to Rajura, covering a design length of 56.180 kilometres on NH-353B. This development was executed under the Hybrid Annuity Mode (HAM) and has now received its completion certificate.
The completion certificate, issued by the Independent Engineer on 28th April 2026, confirms that the project is fit for commercial operations as of 25th March 2026. The project was undertaken by GR Govindpur Rajura Highway Private Limited, a wholly owned subsidiary of G R Infraprojects.
The bid project cost for this venture was ₹907 crore, excluding GST. The project marks a significant milestone for G R Infraprojects, showcasing their capability in executing large-scale infrastructure projects under the HAM model.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).