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“…we are pleased to inform you that our company has emerged as L-1 bidder in Financial Bid Opening dated 29th January 2025 for the following tender invited by Western Railway,” G R Infraprojects said in a regulatory filing.
The project, awarded under the engineering, procurement, and construction (EPC) mode, includes earthwork, blanketing, ballast supply, minor and major bridge construction, station amenities, office buildings, water supply, sanitation, and retaining walls.
Also Read: GR Infraprojects secures ₹903.5 crore contract from Maharashtra Metro Rail Corp
Additionally, it covers the construction of 30 roads under bridges (RUBs) and complete track linking, excluding new rail supply. The financial bid for the project was opened on January 29, 2025, and the project is expected to be completed within 24 months from the appointed date.
Last month, GR Infraprojects said it had received a letter of intent (LoI) from PFC Consulting Ltd for the “transmission scheme” to integrate Bijapur REZ (renewable energy zone).
“…we are pleased to inform you that our company has received a Letter of Intent dated 12th December 2024 from PFC Consulting Limited,” GR Infraprojects said in a regulatory filing.
The Karnataka project involves the establishment of a 400/220 KV, 5×500 MVA pooling station near Bijapur (Vijayapura), along with the construction of a 400 KV line between Bijapur PS and Raichur, and two 400 KV line bays at Raichur New.
Also Read: GR Infraprojects secures ₹903.5 crore contract from Maharashtra Metro Rail Corp
The quoted transmission cost for the project is ₹107.7 crore per annum under a build-own-operate-transfer (BOOT) model. The construction period for the project is estimated at 24 months.
Shares of GR Infraprojects Ltd ended at ₹1,266.35, up by ₹19.50, or 1.56%, on the BSE.
