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Record-Breaking order of 739Cr secured by GPT Infraprojects

Oct 18, 2023

By: BlinkX Research Team

GPT Infraprojects Limited (GPT) has achieved a significant milestone by securing its most substantial single order to date, valued at 739 Crore. The project involves the construction of a new 4-lane Prayagraj Southern Bypass spanning from design km. 43.200 (near Mahuari) to design km. 50.860 (near Nababa urf Nibi Kala Uparhar), covering a design length of 7.660 km. This endeavor falls under Phase-I on NH-19 in the state of Uttar Pradesh and is executed under the Bharatmala initiative, following the EPC mode.

This commendable contract stands exclusively in the name of GPT Infraprojects Limited and represents a watershed moment in the company’s history. With this addition, the total outstanding order book for the company has surged to approximately 2,838 Crore, showcasing robust growth. Furthermore, the total order inflow for Fiscal Year 2024 has reached an impressive 1,019 Crore, highlighting GPT’s continued commitment to excellence and its capacity to undertake large-scale infrastructure projects.