Business Update6 Aug 2026, 06:40 pm
GPT Infra Subsidiary Wins ₹72.5 Cr Railway Contract
AI Summary
Alcon Builders and Engineers Private Limited, a wholly-owned subsidiary of GPT Infraprojects Limited (GPTINFRA), has been declared the L1 (First Lowest) bidder for an order valued at ₹72.5 Crore. The contract involves the commissioning of auto signaling work and electronic interlocking at New Mugma and Mugma Yard for Eastern Railway's Dedicated Freight Corridor project. This award signifies a significant business win for GPT Infraprojects, bolstering its order book and reinforcing its position in the railway infrastructure sector.
Key Highlights
- Subsidiary Alcon Builders declared L1 bidder for a major contract.
- Contract value stands at ₹72.5 Crore for railway signaling work.
- Project is part of Eastern Railway's Dedicated Freight Corridor.
- Order win strengthens GPT Infra's infrastructure project pipeline.
Price Impact
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