GPT Infraprojects wins ₹1,739 crore flyover project
GPT Infraprojects has secured the L1 bid for a ₹1,739.49 crore flyover project in Mumbai. The company's share in the contract is ₹452.27 crores, enhancing its position in the infrastructure sector.
pre-market1 source ↓written by the desknot a recommendation
- in Mumbai
- ₹1,739.49 crores
- the contract
- ₹452.27 crores
GPT Infraprojects has been declared the L1 bidder for a flyover project valued at ₹1,739.49 crores in Mumbai. The project, awarded to the RPS-GPT Joint Venture, involves construction along LBS Marg for the Municipal Corporation of Greater Mumbai (MCGM).
GPT's share of the contract is ₹452.27 crores, marking a significant opportunity for growth in the infrastructure sector. Immediate market implications may arise from this substantial order win.
Not investment advice. For informational purposes only.