Subsidiary Executes Concession Agreement for Nasarpore Malotha Highway Project
G R Infraprojects Limited has announced that its wholly owned subsidiary, Nasarpore Malotha Highway Private Limited, successfully executed a concession agreement with the National Highways Authority of India on May 18, 2026.This development pertains to a major infrastructure project involving the upgrade of a key highway section in Gujarat.
The project details, including the scope, estimated cost, and timeline, are as follows:
| S. No. | Project Description | Estimated Project Cost (INR in Crores) | Mode | Completion Period & Operation Period |
|---|---|---|---|---|
| 1 | Upgradation of Existing Two - Lane Carriageway to Four Lane Divided Carriageway from Ch. 208+90 (Existing Km. 535.93) in Nasarpore Village in Umarpada Taluka to Ch. 269+11 (Existing Km. 608.51) in Malotha Village in Vyara Taluka (Length 60.21 Km.) Section of NH - 56 in Gujarat on HAM (Pkg - VI). | 1453.57 (Excluding GST) | Hybrid Annuity Mode (HAM) | 910 days from Appointed date |
GRINFRA Stock Price Movement
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