GPT Infraprojects Limited has been declared the L1 (first lowest) bidder for a major infrastructure project valued at ₹1,739.49 crores. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details and Contract Structure

The order has been awarded to RPS-GPT Joint Venture, where GPT Infraprojects Limited holds a 26% partnership stake. The project involves construction of a flyover along LBS Marg for the Municipal Corporation of Greater Mumbai (MCGM).

Strategic Significance

This contract represents a significant addition to GPT Infraprojects Limited's order book, with the company's share amounting to ₹452.27 crores out of the total project value. The flyover construction project is part of Mumbai's infrastructure development initiative, specifically targeting traffic congestion relief in the Eastern Suburbs corridor.

The project involves constructing a flyover along the busy LBS Marg, connecting Kurla's L ward to Ghatkopar West's N Ward. This strategic infrastructure development will serve the densely populated Eastern Suburbs of Mumbai, enhancing connectivity and traffic flow in the region.

Joint Venture Partnership

The RPS-GPT Joint Venture structure allows GPT Infraprojects Limited to participate in this large-scale infrastructure project while sharing resources and expertise with their joint venture partner. The 26% stake provides the company with substantial revenue potential while maintaining manageable project execution responsibilities.

The order win demonstrates GPT Infraprojects Limited's continued capability in securing significant municipal infrastructure contracts, particularly in the Mumbai metropolitan region. The company's successful bid positioning as L1 reflects competitive pricing and technical competency in flyover construction projects.

GPT Infraprojects has secured a contract worth ₹53.60 crores from South Eastern Railway for the manufacture and supply of concrete sleepers. The company announced this development through a regulatory filing under Regulation 30 of SEBI listing regulations, marking a significant addition to its railway infrastructure business.

Contract Details and Specifications

The agreement encompasses the supply of 142,400 concrete sleepers for the Ranchi and Kharagpur divisions of South Eastern Railway, with manufacturing operations based at the company's Panagarh facility in West Bengal.

Strategic Significance for Railway Infrastructure

This contract win demonstrates GPT Infraprojects' established manufacturing capabilities in the railway infrastructure sector. Concrete sleepers are critical components that provide foundation support for railway tracks, ensuring safe and efficient train operations across the Ranchi and Kharagpur divisions of South Eastern Railway.

Business Impact and Order Book Strength

The ₹53.60 crore contract provides GPT Infraprojects with revenue visibility over the next 24 months. According to the company's latest disclosure, its outstanding order book stands at ₹3,844 crores, with total order inflow for the current fiscal reaching ₹949 crores.

Company Operations and Manufacturing Footprint

GPT Infraprojects operates through two main segments - Infrastructure and Sleeper manufacturing. The company maintains manufacturing units at Panagarh in West Bengal, along with international facilities in Ladysmith (South Africa), Tsumeb (Namibia), and Eshiem (Ghana). This diversified manufacturing base strengthens the company's position as a railway infrastructure solutions provider across India and Africa.