G R Infraprojects Limited has emerged as the lowest bidder for a major National Highways Authority of India (NHAI) project worth ₹14.54 billion, involving the upgradation of NH-56 in Gujarat under the Hybrid Annuity Mode.
G R Infraprojects Limited announced on March 27, 2026, that it has been declared L-1 bidder for a significant highway expansion project in Gujarat. The contract involves upgrading a two-lane carriageway into a four-lane divided carriageway, enhancing connectivity and infrastructure in the region.
Project Overview
The project covers a 60.21 km stretch of NH-56 from Nasarpore Village in Umarpada Taluka to Malotha Village in Vyara Taluka. The contract, valued at ₹1,453.57 crore, will be executed under the Hybrid Annuity Mode (HAM) with a completion timeline of 910 days from the appointed date.
Strategic Importance
This win strengthens G R Infraprojects’ portfolio in highway development and reinforces its position as a leading infrastructure player in India. The project is expected to improve regional connectivity, reduce travel time, and boost economic activity in Gujarat.
Key Highlights
-
Contract value: ₹1,453.57 crore (₹14.54 billion)
-
Mode: Hybrid Annuity Mode (HAM)
-
Length: 60.21 km stretch of NH-56
-
Completion period: 910 days from appointed date
-
Location: Umarpada Taluka to Vyara Taluka, Gujarat
Sources: Company filing with BSE and NSE