GPT Infraprojects Limited has secured a major infrastructure contract worth ₹1201.36 crore in joint venture with Rail Vikas Nigam Limited (RVNL) for constructing a rail cum road bridge over River Ganga at Varanasi. The company announced on February 17, 2026, that its share in this joint venture amounts to 40%, translating to ₹480.54 crore.

Project Details and Specifications

The contract involves the design and construction of New Rail cum Road Bridge No 11 over River Ganga, positioned 50 meters downstream of the existing old Malviya Bridge near Kashi Railway Station. The bridge will feature a sophisticated dual-level design with four railway tracks on the lower deck and a six-lane road on the upper deck.

Joint Venture Structure

The project is being executed through a joint venture arrangement with Rail Vikas Nigam Limited, where GPT Infraprojects holds a 40% stake. This partnership structure allows the company to leverage RVNL's expertise while contributing its own infrastructure development capabilities to the project.

Comprehensive Infrastructure Scope

The project encompasses extensive infrastructure development beyond the bridge construction itself. The scope includes sub-structure and superstructure development, railway and road approaches as per General Arrangement Drawing (GAD), along with associated Overhead Equipment (OHE) works and general electrical installations in the Lucknow Division of Northern Railway.

Enhanced Order Book Position

This contract win significantly strengthens GPT Infraprojects' financial position and project pipeline. The company's outstanding order book now stands at ₹4,895 crore, with total order inflow for Fiscal 2026 reaching ₹2,250 crore. This robust order book provides strong revenue visibility and reinforces the company's position as a leading railway-focused infrastructure player.

Company Background

GPT Infraprojects Limited, incorporated in 1980, operates as the flagship company of GPT Group based in Kolkata. The company functions through two primary segments: Infrastructure and Sleeper manufacturing. In the infrastructure segment, it specializes in executing civil and infrastructure projects, particularly large bridges and railway over-bridges for government contracts. The sleeper segment involves manufacturing and supplying concrete sleepers for railways in India and Africa, with manufacturing units located at Panagarh (West Bengal), Ladysmith (South Africa), Tsumeb (Namibia), and Eshiem (Ghana).

GPT Infraprojects has announced optimistic growth projections for FY27, estimating revenue growth of over 25% driven by its strong order book position. The infrastructure development company's growth outlook is supported by both domestic opportunities and international expansion initiatives.

Revenue Growth Projections

The company's management has provided guidance indicating revenue growth exceeding 25% for FY27. This projection is primarily attributed to the company's robust order book, which provides visibility for sustained business growth in the coming fiscal year.

African Operations Enhancement

GPT Infraprojects expects improved profitability from its African operations, with management anticipating better margins from this geographic segment. The company's international presence in Africa is positioned to contribute significantly to overall margin improvement, reflecting successful execution of its geographic diversification strategy.

Strategic Positioning

The projected growth trajectory demonstrates the company's ability to secure and execute infrastructure projects across multiple markets. The combination of a strong order book and enhanced margins from African operations indicates effective project management and market positioning strategies.

The company's growth estimates reflect confidence in its project execution capabilities and market opportunities across its operational territories, positioning it for sustained expansion in the infrastructure development sector.