GR Infraprojects Receives Letter of Acceptance for ₹1897.51 Crore Railway Project
GR Infraprojects Limited officially received the Letter of Acceptance dated February 17, 2026, from West Central Railway for a ₹1897.51 crore railway construction project. The EPC contract involves building a new railway line between Bahari and Gondawali stations in Madhya Pradesh as part of the Sidhi-Singrauli rail link project, with a completion period of 900 days from the appointed date.

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GR Infraprojects Limited has officially received the Letter of Acceptance (LOA) dated February 17, 2026, from West Central Railway, confirming the award of a significant railway infrastructure project worth ₹1897.51 crore. This development follows the company's emergence as the L-1 bidder in the financial bid opening conducted on February 11, 2026.
Project Award Confirmation
The formal LOA marks the official commencement of the railway construction project, which involves building a new railway line from Km 124/400 to 165/380 between Bahari and Gondawali stations in Madhya Pradesh. The project is part of the strategic Sidhi-Singrauli new rail link initiative.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹1897.51 crore |
| Awarding Authority: | West Central Railway |
| LOA Date: | February 17, 2026 |
| Project Mode: | Engineering, Procurement and Construction (EPC) |
| Completion Period: | 900 days from appointed date |
| Location: | Madhya Pradesh |
Comprehensive Project Scope
The railway construction project encompasses extensive infrastructure development including:
- Earthwork and foundation preparation
- Minor bridges, major bridges, and important bridges
- Viaduct construction
- ROB (RCC Box Type) development
- RUB/LHS infrastructure
- Station building construction
- Tunnel development
- Complete track work
- Various miscellaneous works related to railway infrastructure
Regulatory Compliance and Communication
The company announced this development in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sudhir Mutha signed the official communication to both BSE and NSE, confirming receipt of the LOA and undertaking to provide regular updates on project developments.
Corporate Information
GR Infraprojects Limited, formerly known as G.R. Agarwal Builders and Developers Limited, operates with CIN L45201GJ1995PLC098652. The company trades on BSE under script code 543317 and on NSE under the symbol GRINFRA. The organization maintains its corporate office in Gurugram, Haryana, head office in Udaipur, Rajasthan, and registered office in Ahmedabad, Gujarat.
Historical Stock Returns for GR Infraprojects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.76% | -0.34% | +7.21% | -22.99% | -7.98% | -44.18% |


































