G R Infraprojects Limited (GRIL) has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for the construction of the Agra-Gwalior Greenfield Road. This project, valued at ₹4,262.78 crores, will be developed under the DBFOT (Design, Build, Finance, Operate, and Transfer) toll model.

Project Overview

The project involves two major components:

1. Development of a 6-lane Access-Controlled Highway:The greenfield highway will span from Km 0+000 (near Deori village in Agra, Uttar Pradesh) to Km 88+400 (near Susera village in Gwalior, Madhya Pradesh).The route will pass through Uttar Pradesh, Rajasthan, and Madhya Pradesh and is expected to boost regional connectivity.

2. Strengthening and Improvement of the Existing NH-44 Section:Road safety enhancements and overlay work will be conducted on Km 1058.00 to Km 1148.00 (Design Chainage 13.00 to 103.00) of NH-44.The project aims to improve the condition of this critical highway stretch.

Significance of the Project:The new highway will enhance trade and connectivity between Agra and Gwalior, reducing travel time and fuel consumption.Strengthening NH-44 will boost road safety and improve the overall driving experience on this crucial national route.The DBFOT toll model ensures that GRIL will be involved in operating and maintaining the highway for a specified concession period.

This contract reinforces GRIL’s position as a leading player in India’s infrastructure development. The company is expected to keep the exchanges and stakeholders updated on any further developments related to this project.

Disclaimer:

This article is for informational purposes only and is based on publicly available documents. Investors and stakeholders are advised to conduct their own due diligence before making any investment or business decisions related to G R Infraprojects Limited. Sensexnifty.com does not take responsibility for any financial decisions based on this information.