G R Infraprojects Limited has been awarded a major highway development project by the National Highways Authority of India (NHAI). The company received the Letter of Award on March 23, 2026, marking a significant addition to its order book.
Project Overview
The contract, valued at approximately ₹2,440.87 crore, involves the construction of a four-lane greenfield section of National Highway 33 in Bihar.
The project stretch will run from Mokama (design chainage 0+000) to Munger (design chainage 82+400), aiming to enhance regional connectivity and improve transportation efficiency.
Execution Model and Scope
The project will be executed under the Hybrid Annuity Mode (HAM), a widely adopted framework for highway development in India. Under this model, project costs and associated risks are shared between the government and the private developer, ensuring better financial viability and execution discipline.
The scope includes the development of a greenfield four-lane highway corridor, designed to support increased traffic flow and reduce travel time across the region.
Timeline
G R Infraprojects Limited is expected to complete the project within 910 days from the appointed date, reflecting a structured execution schedule aligned with NHAI’s infrastructure development targets.
Strategic Significance
This order reinforces the company’s position in the road infrastructure segment and strengthens its presence in large-scale national highway projects. The addition of this contract is expected to support revenue visibility and long-term growth.
Summary
G R Infraprojects Limited has secured a ₹2,440.87 crore highway project from the National Highways Authority of India for constructing a four-lane greenfield stretch of NH-33 in Bihar. The project will be executed under the Hybrid Annuity Mode and is scheduled for completion within 910 days, enhancing the company’s order book and strengthening its infrastructure portfolio.
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