G R Infraprojects Secures Rs 91.60 Crores Deal for Multi Modal Logistics Park in Varanasi
G R Infraprojects Limited has received a Letter of Award (LOA) from Varanasi MMLP Limited, securing a contract for the Development, Operation and Maintenance of the Multi Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The project involves a Public Private Partnership (PPP) framework utilizing the Design Build Finance Operate and Transfer (DBFOT) model.The company received the LOA dated August 13, 2026, from Varanasi MMLP Limited. This significant contract award brings the total consideration for the project to Rs 91.60 Crores.
The partnership details and key terms associated with the logistics park development are as follows:
| Particulars | Details |
|---|---|
| Awarding Entity | Varanasi MMLP Limited |
| Project Scope | Development, Operation & Maintenance of Multi Modal Logistics Park (MMLP) in Uttar Pradesh |
| Contract Nature | Design Build Finance Operate and Transfer (DBFOT) |
| Total Consideration | Rs 91.60 Crores |
| Construction Period | 1 year from Appointed Date |
| Concession Period | 45 Years, including the Construction Period |
The award was granted by a domestic entity and the company confirmed that there is no conflict of interest regarding the awarding entity.
G R Infraprojects Limited intends to update stakeholders concerning any future developments related to the Multi Modal Logistics Park project.
GRINFRA Stock Price Movement
Shares of G R Infraprojects Limited settled lower today, shedding 0.56% to close at ₹877.90. The stock saw a traded volume of 12,787 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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