
Business Update3 Oct 2026, 02:30 pm
GPT Infra subsidiary wins ₹149.49 Cr railway contract
AI Summary
GPT Infraprojects Limited's wholly-owned subsidiary, Alcon Builders and Engineers Private Limited, has been declared the L1 (First Lowest) bidder for a significant railway contract. The order is valued at ₹149.49 Crore and involves the codal life-based replacement of existing PI stations with EI, MSDAC & in-built block working, including Signaling & Telecom equipment at 18 stations. The scope of work encompasses design, supply, installation, programming, testing, and commissioning. This win is a positive development for GPT Infraprojects, strengthening its order book in the infrastructure and railway signaling sector.
Key Highlights
- Subsidiary Alcon Builders declared L1 bidder for a contract.
- Contract value stands at ₹149.49 Crore.
- Project involves railway signaling and telecom equipment.
- Strengthens GPT Infra's order book in infrastructure.
Price Impact
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