GPT Infra secures ₹1,804 crore flyover contract from MCGM
pre-market1 source ↓written by the desknot a recommendation
- contract
- ₹1,804.48 crore
- executed
- 36 months
- worth
- 26% stake
- worth
- ₹469.16 crore
Kolkata-based infrastructure firm secured a ₹1,804.48 crore contract from the Municipal Corporation of Greater Mumbai (MCGM) for a flyover project. The contract, executed over 36 months, involves a joint venture where GPT holds a 26% stake worth ₹469.16 crore. This significant win may enhance market sentiment for the company.
• Project connects Kalpana Talkies to Pankhe Shah Dargah
• Excludes monsoon periods for execution
Not investment advice. For informational purposes only.