GPT Infraprojects Limited has secured a major infrastructure contract worth ₹670.00 crores from the National Highway Authority of India (NHAI). The company was declared the L1 (First Lowest) bidder for the highway construction project on December 22, 2025, in consortium with ISCPPL.

Project Details

The awarded contract involves the construction of a four-lane elevated road in Jodhpur city, covering the stretch from Mahamandir (CH.0000) to Akhaliya Chouraha (CH.74633) in Rajasthan state. The project will be executed under the Hybrid Annuity Model (HAM) mode, which is a popular public-private partnership model for highway development in India.

Strategic Significance

The project represents a significant addition to GPT Infraprojects' order book, reinforcing the company's position in the infrastructure development sector. The elevated road construction in Jodhpur will enhance urban mobility and traffic management in the historic city, connecting key areas from Mahamandir to Akhaliya Chouraha.

The consortium approach with ISCPPL allows both companies to leverage their combined expertise and resources for the execution of this substantial infrastructure project. The HAM mode of execution provides a balanced risk-sharing mechanism between the public and private sectors.

Regulatory Compliance

GPT Infraprojects made this announcement in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency for investors and stakeholders regarding material developments that could impact the company's business operations and financial performance.

GPT Infraprojects has been officially declared as the lowest bidder leading a consortium for a major infrastructure project valued at ₹6.70 billion. The company's consortium has successfully secured this significant business opportunity in the competitive bidding process.

Project Award Details

The infrastructure company's consortium has been formally recognized as the lowest bidder for this substantial project. This official declaration represents a crucial step in the project acquisition process for GPT Infraprojects.

Business Significance

This development marks a significant milestone for GPT Infraprojects, as securing the lowest bidder status for a project of this magnitude demonstrates the company's competitive positioning in the infrastructure sector. The ₹6.70 billion project value represents a substantial addition to the company's potential order book.

Consortium Leadership

GPT Infraprojects' role as the consortium leader for this project highlights the company's capabilities in managing large-scale infrastructure developments. The successful bid positioning strengthens the company's market presence and showcases its expertise in competitive project bidding processes.

The formal declaration as the lowest bidder brings GPT Infraprojects closer to securing this major infrastructure contract, which could significantly impact the company's revenue pipeline and business growth trajectory.