Deals2 Sept 2026, 10:14 am
GPT Infraprojects Declared L1 for ₹483.7 Cr Rail Vikas Nigam Order
AI Summary
GPT Infraprojects Limited (GPTINFRA) has been declared L1 (First Lowest) for a significant order valued at Rs. 483.7 Crore, inclusive of GST. The contract, awarded by Rail Vikas Nigam Limited, involves the construction of Bridge 544 over the Mahanadi river. This order, amounting to Rs. 410 Crore plus GST, is for a crucial section of the East Coast Railway line. This development is a positive indicator for the company's order book and future revenue streams.
Key Highlights
- Secured L1 status for a Rs. 483.7 Crore order from Rail Vikas Nigam Limited.
- Contract involves construction of a major bridge on the East Coast Railway line.
- Order value comprises Rs. 410 Crore base plus applicable GST.
- Boosts company's order book and revenue visibility.
Price Impact
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