GPT Infraprojects JV Secures Rs 12.01 Billion Order, Share Worth Rs 4.81 Billion

GPT Infraprojects Limited has reported a significant milestone with its joint venture securing an order worth Rs 12.01 billion. The company confirmed that its share in the JV contract stands at Rs 4.81 billion, marking a substantial addition to its project pipeline.  

The contract is expected to enhance GPT’s footprint in the infrastructure sector, particularly in engineering, procurement, and construction (EPC) projects. With a strong track record in delivering railway, bridge, and civil engineering works, GPT Infraprojects continues to expand its portfolio through strategic collaborations and joint ventures.  

Key highlights from the announcement include  

• GPT Infraprojects JV secures order worth Rs 12.01 billion  
• Company’s share in the JV contract is Rs 4.81 billion  
• Strengthens GPT’s infrastructure and EPC portfolio  
• Reinforces company’s position in large-scale construction projects  
• Strategic collaboration enhances growth opportunities in India’s infrastructure sector  

Industry experts note that the JV order reflects rising demand for infrastructure development in India, with companies like GPT Infraprojects playing a crucial role in supporting national growth. The project is expected to contribute significantly to the company’s revenue visibility and long-term expansion strategy.  

Sources: Reuters, Economic Times, Business Standard