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Hot Pursuit News

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(23 May 2024, 14:51)

GPT Infra hits the roof after declaring as L-1 bidder for Rs 555 cr order

GPT Infraprojects was locked in an upper circuit of 5% at Rs 256.30 after the company has been declared L1 (First Lowest) by Rail Vikas Nigam (RVNL) for an aggregate value of Rs 554.94 crore.


RVNL rallied 8.36% to Rs 370.10 on the BSE.

The project includes construction of viaduct portion of elevated corridor, ROBs (except steel spans) and exit/entry ramps, SVUP, LVUPs, VUPs, PUPs, construction / reconstruction / widening of culverts, NHAI office building, other miscellaneous works, including electrification & lighting (except design, supply, fabrication & launching of steel bridge spans, RE wall, road work, diversion, intersections, utility shifting etc), in connection with construction of six lane elevated Kona Expressway from 0.145 KM to 7.337 KM of NH 117 in the state of West Bengal on EPC mode.

The cost of the project is Rs 559.94 crore.

GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The compa...

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