GR Infraprojects Limited has received a Letter of Award (LOA) for the Development, Operation & Maintenance of the Multi Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The project, awarded on a Design, Build, Finance, Operate and Transfer (DBFOT) basis, is valued at ₹91.60 Crores. The construction period is set for 1 year, followed by a 45-year concession period, significantly bolstering the company’s order book.
LOA Received for Varanasi MMLP Project
GR Infraprojects Limited has announced the receipt of a Letter of Award (LOA) for a significant infrastructure development project. The LOA was issued by Varanasi MMLP Limited on 13th August 2026.
Project Details and Scope
The project entails the Development, Operation & Maintenance of the Multi Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. This project is structured on a Public-Private Partnership (PPP) model, following a Design, Build, Finance, Operate and Transfer (DBFOT) framework.
Contract Value and Duration
The total consideration for this contract is ₹91.60 Crores. The project includes a construction period of 1 (one) year from the appointed date. Following the construction phase, the concession period extends for 45 years, including the construction period.
Domestic Award and Entity
The order has been awarded by a domestic entity, Varanasi MMLP Limited, and the nature of the contract is domestic. GR Infraprojects Limited confirms that neither the promoter nor its group companies have any interest in the entity that awarded the order.
Source: BSE
