Business Update14 May 2026, 03:08 pm
G R Infra: Munger Link Highway Executes NHAI Concession Agreement
AI Summary
G R Infraprojects Ltd announced that its wholly-owned subsidiary, Munger Link Highway Private Limited, executed a concession agreement with the National Highways Authority of India (NHAI) on May 14, 2026. The project involves the construction of a 4-lane Greenfield section of NH-33 from Mokama to Munger in Bihar on Hybrid Annuity Mode (HAM). The estimated project cost is ₹2440.87 Crores (excluding GST), with a completion period of 910 days from the appointed date.
Key Highlights
- Munger Link Highway Pvt Ltd (G R Infra subsidiary) executes concession agreement with NHAI.
- Project: Construction of 4-lane Greenfield NH-33 section in Bihar.
- Project cost: ₹2440.87 Crores (excluding GST).
- Project will be executed on Hybrid Annuity Mode (HAM).
- Completion period is 910 days from the appointed date.
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