Shares of Brahmaputra Infrastructure Limited surged 5% to hit the upper circuit after the company emerged as the L-1 bidder, through its joint venture, for a key National Highway project awarded by the Ministry of Road Transport & Highways (MoRTH), Government of India.
The order pertains to the widening of the Raipur–Jassakhera section (Km 0.000 to Km 29.770) of NH-458 in the state of Rajasthan. The project will be executed on EPC (Engineering, Procurement and Construction) mode and carries a total contract value of ₹397 crore. The scheduled completion timeline is 30 months.
This central government highway project involves widening the existing stretch to a two-lane configuration with paved shoulders. The scope of work also includes the construction of multiple bridges, development of drains and culverts, and other ancillary road infrastructure. The contract aligns with Brahmaputra Infrastructure’s core EPC capabilities in civil construction, particularly in the roads and transportation segment.
The win strengthens the company’s order book, which now stands at approximately ₹1,500 crore, including joint operations. The updated order book provides multi-year revenue visibility based on the company’s historical execution cycle. As most projects are government infrastructure contracts, they typically follow structured milestone-based payment mechanisms, offering predictable cash flow patterns during execution.
The latest project addition further enhances Brahmaputra Infrastructure’s presence in the highway construction segment under MoRTH and reinforces its positioning in India’s road infrastructure development pipeline.