GR Infraprojects Limited announced the receipt of a Letter of Award (LOA) from the National Highways Authority of India (NHAI) on March 23, 2026. The contract is for the construction of a 4-lane Greenfield Section of NH-33, connecting Mokama to Munger in Bihar. The total contract value is ₹2,440.87 crores, and the project is set to be executed under the Hybrid Annuity Mode (HAM), with a mandated completion period of 910 days from the appointed date.
Key Project Award Secured by GR Infra
GR Infraprojects Limited has officially confirmed the receipt of a Letter of Award (LOA) for a significant highway construction project. This development follows up on an earlier announcement made on March 18, 2026. The official award date issued by the National Highways Authority of India (NHAI) is March 23, 2026.
Project Details and Financial Scope
The awarded project involves the “Construction of 4 lane Greenfield Section of NH-33 from Mokama (Design Ch. 0+000) to Munger (Design Ch. 82+400) in the State of Bihar”. The financial details for this undertaking are substantial:
- Contract Price: INR 2,440.87 Crores.
- Execution Mode: The project will be executed under the Hybrid Annuity Mode (HAM).
- Completion Timeline: The stipulated period for completion is 910 days, calculated from the officially appointed date.
Official Disclosure and Commitment
The company confirmed this information via filings made to the stock exchanges on March 23, 2026. GR Infraprojects has stated its commitment to provide updates regarding any subsequent developments related to this important infrastructure contract. The announcement was duly authorized and signed by Sudhir Mutha, Company Secretary.
Source: BSE
