Shares of G R Infraprojects rose in the early trade on April 6 after the company signed an EPC (Engineering, Procurement and Construction) agreement worth ?1,898 crore with West Central Railway.
The contract involves the construction of a new railway line between Bahari and Gondawali stations in Madhya Pradesh. The project is scheduled to be completed within 900 days from the appointed date.
Last month, the company secured a Rs 1,453.57 crore Letter of Acceptance (LoA) from the National Highways Authority of India for upgrading a two-lane carriageway to a four-lane divided highway on NH-56 in Gujarat under the hybrid annuity mode.
Additionally, it received a ?413.37 crore notification of award from NTPC Limited for the implementation of battery energy storage systems (BESS) at the Mouda Super Thermal Power Station.
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