GPT Infraprojects Wins Rs 114-Cr Order From Rail Vikas Nigam

GPT Infraprojects Wins Rs 114-Cr Order From Rail Vikas Nigam
New Delhi: GPT Infraprojects Ltd on Wednesday said it has won a contract worth Rs 114.30 crore from Rail Vikas Nigam Ltd for constructing approach ramps and roads for rebuilding of a railway over bridge (ROB) in West Bengal.

The contract is for "construction of approach ramps including connecting road for the rebuilding of existing ROB at Bardhaman, over the Bardhaman-Durgapur Railway line, connecting Kaina link road and Katwa road with GT road in Bardhman, West Bengal," the company said in a filing to the BSE.

The completion period for the Rs 114.30-crore contract has been fixed as 18 months, it added.

GPT Infraprojects operates primarily in two divisions - concrete sleeper and infrastructure.

It has presence in several countries and projects under execution include rail-cum-road-bridge over river Ganga in Patna, railway bridge of river Kosi, turnkey construction of 38 bridges for Tripura PWD and bridges for eastern railways, among others.

The company has current orders in hand of about Rs 1,829 crore in infrastructure division.

Shares in the company ended 4.53 per cent lower at Rs 225.30 apiece on the BSE, whose benchmark Sensex index finished down 1.09 per cent.