StockWatch
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Civil Construction
Deals22 Sept 2026, 12:36 pm

GPT Infra Subsidiary Wins ₹21.21 Cr Railway Contract

AI Summary

GPT Infraprojects Ltd announced that its wholly-owned subsidiary, ALcon Builders and Engineers Private Limited, has been declared the L1 (First Lowest) bidder for a contract valued at ₹21.21 Crore. The contract is with Western Railway, S and T Ahmedabad Division, and involves the design, supply, installation, programming, testing, and commissioning of an Electronic Interlocking (E.I) system for the Viramgam Upgradation of Indoor Signalling equipment. This award signifies a new business win for the subsidiary and contributes to the parent company's order book.

Key Highlights

  • Subsidiary ALcon Builders declared L1 bidder for a railway contract.
  • Contract value stands at ₹21.21 Crore.
  • Project involves Electronic Interlocking system for signalling.
  • Awarded by Western Railway, Ahmedabad Division.