GR Infraprojects Limited has announced a significant milestone in its infrastructure development efforts. The company's wholly owned subsidiary, GR Govindpur Rajura Highway Private Limited, has successfully completed a major highway project in Maharashtra, marking a noteworthy achievement in the expansion of India's road infrastructure.

Project Details

The project involves the four-laning of an existing two-lane stretch of National Highway 353B (NH-353B) in Maharashtra. Here are the key details of the completed project:

• Stretch: From Govindpur (MH/TG Border) to Rajura
• Length: 56.101 km (Design Length)
• Project Cost: ₹907.00 crore
• Mode: Hybrid Annuity Mode (HAM) under NH (O)

Completion and Certification

The Independent Engineer issued a Provisional Completion Certificate on September 12, 2025, declaring the project fit for commercial operation. The official date of entry into commercial operation is set as September 11, 2025.

Project Timeline

This swift execution, with the project being completed in less than three years from the appointed date, demonstrates GR Infraprojects' efficiency in project delivery.

Significance

The completion of this highway project is expected to significantly improve connectivity and transportation in the region. The four-laning of the existing two-lane stretch will likely enhance road safety, reduce travel time, and boost economic activities along the corridor.

Company Statement

In its communication to the stock exchanges, GR Infraprojects stated, "We are pleased to inform you that the project... has been provisionally completed." This announcement, made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, underscores the company's commitment to transparent communication with its stakeholders.

The successful completion of this ₹907.00 crore project adds to GR Infraprojects' portfolio of infrastructure developments and reinforces its position in the highway construction sector. As India continues to focus on improving its road infrastructure, companies like GR Infraprojects play a crucial role in realizing these national objectives.

GR Infraprojects Limited (GRIL) has made a significant stride in expanding its infrastructure portfolio. The company's wholly owned subsidiary, GR Logistics Park (Indore) Private Limited, has successfully secured a major project for the development of a Multi Modal Logistics Park near Pithampur in Dhar District, Madhya Pradesh.

Project Details

The subsidiary executed a concession agreement with National Highways Logistics Management Limited on June 19, 2023. This ambitious project comes with a bid cost of ₹758.10 crore and encompasses the development, operation, and maintenance of the logistics park.

Project Execution and Timeline

The Multi Modal Logistics Park project will be executed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis through a Public Private Partnership model. Key aspects of the project include:

• Construction Period: 2 years
• Total Operation Period: 45 years (including the construction period)

Strategic Importance

This project marks a significant milestone for GR Infraprojects, showcasing the company's capabilities in handling large-scale infrastructure projects. The Multi Modal Logistics Park is expected to play a crucial role in enhancing the logistics infrastructure in the region, potentially boosting economic activities and improving supply chain efficiencies.

Conclusion

The securing of this ₹758.10 crore project by GR Infraprojects' subsidiary underscores the company's growing presence in the infrastructure sector. As the project unfolds over the coming years, it will be interesting to observe its impact on both the company's growth trajectory and the logistics landscape of Madhya Pradesh.