GPT Infraprojects Secures ₹195 Crore International Contract for Ivory Coast Port Project

2 min read     Updated on 25 Oct 2025, 05:46 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

GPT Infraprojects Limited has won a ₹195 crore (€18.9 million) contract from Terminal Industriel Polyvalent de San Pedro in Ivory Coast. The project involves supplying, installing, testing, and commissioning a conveyor belt system as part of Phase 2 development connecting SOCIM and TIPSP to the port terminal. The contract has a 12-month execution timeline. GPT Infraprojects' current order book stands at ₹4,047.65 crore, with a total order inflow of ₹591.00 crore for Fiscal 2026. The company operates in infrastructure and sleeper segments, with manufacturing units in India and several African countries.

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*this image is generated using AI for illustrative purposes only.

GPT Infraprojects Limited , a leading infrastructure company based in Kolkata, has announced a significant international contract win, further solidifying its position in the global market. The company has secured a ₹195 crore (approximately €18.9 million) contract from Terminal Industriel Polyvalent de San Pedro in Ivory Coast for the supply, installation, testing, and commissioning of a conveyor belt system.

Contract Details

The project, which is part of the Phase 2 development connecting SOCIM and TIPSP to the port terminal, involves detailed engineering and installation work. Here are the key details of the contract:

Aspect Details
Client Terminal Industriel Polyvalent de San Pedro, Ivory Coast
Contract Value ₹195.00 crore (€18.90 million)
Scope of Work Supply, Installation, Testing, and Commissioning of Conveyor Belt System
Execution Timeline 12 months
Nature of Project International

Company Performance

This new contract adds to GPT Infraprojects' already robust order book. The company reported:

  • Outstanding order book: ₹4,047.65 crore
  • Total order inflow for Fiscal 2026: ₹591.00 crore

Company Profile

GPT Infraprojects operates primarily in two segments:

  1. Infrastructure: Focused on executing civil and infrastructure projects, particularly large bridges and ROBs for Railways and Roads for Government contracts.

  2. Sleeper: Manufactures and supplies concrete sleepers for Railways in India and Africa.

The company has established a strong international presence with manufacturing units in:

  • Panagarh, West Bengal (India)
  • Ladysmith (South Africa)
  • Tsumeb (Namibia)
  • Eshiem (Ghana)

This diverse geographical footprint makes GPT Infraprojects the only Indian company with a presence in multiple African countries for its concrete sleeper business.

Market Impact

The securing of this international contract demonstrates GPT Infraprojects' capability to compete and win projects on a global scale. It also highlights the company's expertise in handling complex infrastructure projects, particularly in the port and conveyor systems sector.

This contract win is expected to contribute positively to the company's order book and potentially its future revenue streams. Investors and market watchers may view this development as a sign of the company's growing international presence and its ability to secure high-value projects in competitive markets.

As GPT Infraprojects continues to expand its international portfolio, it may be well-positioned to capitalize on infrastructure development opportunities in emerging markets, particularly in Africa where it already has a strong presence in the sleeper segment.

Investors are advised to monitor the execution of this project and its impact on the company's financial performance in the coming quarters.

Historical Stock Returns for GPT Infraprojects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%-1.50%-13.21%-24.35%-19.99%+1,382.09%
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GPT Infraprojects Reshuffles Leadership: Dr. Om Tantia Appointed Chairman, Atul Tantia Elevated to Joint MD

2 min read     Updated on 24 Sept 2025, 05:59 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

GPT Infraprojects has appointed Dr. Om Tantia as the new Chairman and elevated Mr. Atul Tantia to Joint Managing Director & CFO, subject to shareholder approval. The company also adopted a new MOA and AOA, reconstituted its CSR Committee, and approved a postal ballot notice for shareholder approval of these changes. Dr. Om Tantia brings 41 years of medical experience, while Mr. Atul Tantia has over 20 years of experience in various sectors.

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*this image is generated using AI for illustrative purposes only.

GPT Infraprojects Limited , a prominent player in the infrastructure sector, has announced significant changes to its leadership structure following a recent board meeting. The company has appointed Dr. Om Tantia as the new Chairman and elevated Mr. Atul Tantia to the position of Joint Managing Director & CFO, subject to shareholder approval.

New Chairman Appointed

Dr. Om Tantia, a promoter of the company, has been appointed as an Additional Non-Executive Director and designated as the Chairman of GPT Infraprojects. This appointment comes in the wake of the unfortunate demise of the former Chairman, Shri Dwarika Prasad Tantia. Dr. Om Tantia brings a wealth of experience to the role, with over 41 years as a medical practitioner and as a founding member of ILS Hospital.

Elevation of Atul Tantia

In a strategic move, the board has approved the change in designation of Mr. Atul Tantia from Executive Director & CFO to Joint Managing Director & CFO. Mr. Tantia, who holds degrees from the Wharton School and the School of Engineering and Applied Science at the University of Pennsylvania, has over 20 years of experience in manufacturing, infrastructure, finance, and corporate governance.

Corporate Governance Updates

The board meeting also approved several other significant changes:

  1. Adoption of a new Memorandum of Association (MOA) and Articles of Association (AOA) aligned with the Companies Act, 2013, subject to shareholder approval.
  2. Reconstitution of the Corporate Social Responsibility Committee, with Dr. Om Tantia as the Chairman.
  3. Approval of a postal ballot notice to seek shareholder approval for the aforementioned changes.

Leadership Profiles

Dr. Om Tantia

  • Over 41 years of experience as a medical practitioner
  • Founding member of ILS Hospital
  • Medical Director and HOD of MABS department at ILS Hospital, Kolkata
  • Co-founder and promoter of GPT Infraprojects

Mr. Atul Tantia

  • B.S. in Finance from Wharton School and B.S. in Systems Engineering from SEAS, University of Pennsylvania
  • Over 20 years of experience in manufacturing, infrastructure, finance, and corporate governance
  • Brother of Mr. Vaibhav Tantia, Director & COO of the company

The board meeting, which commenced at 3:00 P.M. and concluded at 3:30 P.M., marks a new chapter in GPT Infraprojects' corporate journey. These leadership changes and governance updates are expected to steer the company towards continued growth and success in the infrastructure sector.

Shareholders will have the opportunity to vote on these changes through a postal ballot, as the company seeks to align its leadership and governance structures with its strategic objectives and regulatory requirements.

Historical Stock Returns for GPT Infraprojects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%-1.50%-13.21%-24.35%-19.99%+1,382.09%
GPT Infraprojects
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