Deals3 Sept 2025, 09:11 pm
GHV Infra Projects Ltd Receives LOI for Railway Station Redevelopment Worth Rs. 120 Crores
AI Summary
GHV Infra Projects Ltd has announced the receipt of a Letter of Intent (LOI) from GHV (India) Private Limited for the Engineering and Construction of Integrated Redevelopment of Railway Station of South Eastern Railway, located in Jharkhand. The sub-contract is valued at approximately Rs. 120 crores and is to be completed within a period of 3 years from the commencement date as per the contract.
Key Highlights
- GHV Infra Projects Ltd has received an LOI from GHV (India) Private Limited for a railway station redevelopment project in Jharkhand.
- The sub-contract is valued at approximately Rs. 120 crores.
- The project is to be completed within 3 years from the commencement date as per the contract.
- The promoter, Mr. Jahidmohmed H. Vijapura, has a stake in both GHV Infra Projects Limited and GHV (India) Private Limited.
- The transaction is done at arm's length.