G R Infraprojects Limited (GRIL) announced receiving a Letter of Acceptance dated March 30, 2026, from the National Highways Authority of India (NHAI). The contract, valued at Rs. 1453.57 Crores (excluding GST), is for the upgradation of a 60.21 Km section of NH-56 in Gujarat under the Hybrid Annuity Mode (HAM). The project requires execution within 910 days from the appointed date.
Major Contract Awarded to GRIL
G R Infraprojects Limited has secured a significant contract for the ‘Upgradation of Existing Two-Lane Carriageway to Four Lane Divided Carriageway’ on a specified section of NH-56 in Gujarat. The Letter of Acceptance was received on 30th March 2026 from the National Highways Authority of India (NHAI).
Contract Details and Value
The specifics of the awarded contract are detailed below:
- Project Location: The work covers the stretch from Ch. 208+90 (Existing Km. 535.93) in Nasarpore Village, Umarpada Taluka, to Ch. 269+11 (Existing Km. 608.51) in Malotha Village, Vyara Taluka.
- Length: The total length of the project is 60.21 Km.
- Execution Period: The order must be executed within 910 days from the Appointed date.
- Consideration Size: The broad consideration or size of the contract is Rs. 1453.57 Crores (excluding GST).
Nature of Award
The contract has been awarded on a Hybrid Annuity Mode (HAM) basis. This award is classified as a Domestic contract. Furthermore, the company confirmed that the promoter or promoter group companies have No interest in the entity that awarded this order, ensuring the transaction is not categorized as a related party transaction.
Source: BSE
