GPT Infraprojects Limited has announced a major infrastructure development through its subsidiary, marking another significant milestone in the company's highway construction portfolio. The company disclosed this development through a regulatory filing dated February 26, 2026, in compliance with SEBI listing requirements.

Project Details and Scope

GPT ISC JU Highway Private Limited, a subsidiary of GPT Infraprojects Limited, has successfully executed a concession agreement with the National Highway Authority of India (NHAI). The project encompasses the construction of a four lane elevated road in Jodhpur city, covering a strategic stretch in Rajasthan state.

Strategic Significance

The project represents a significant addition to GPT Infraprojects' infrastructure development portfolio. The elevated road construction will enhance connectivity within Jodhpur city, addressing urban transportation challenges through modern infrastructure development. The project's execution under the Hybrid Annuity Model framework provides a balanced risk-sharing mechanism between the public and private sectors.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Sonam Lakhotia, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency for stakeholders.

This infrastructure project adds to GPT Infraprojects' growing presence in the highway construction sector, particularly in the elevated road segment that addresses urban infrastructure needs across Indian cities.

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).