GPT Infraprojects Subsidiary Signs Concession Agreement with NHAI for Rajasthan Highway Project
GPT Infraprojects' subsidiary has signed a concession agreement with NHAI for constructing a four-lane elevated road in Jodhpur, Rajasthan. The project will be executed on a Hybrid Annuity Model (HAM).
This is a significant new order for the company's subsidiary, indicating business expansion and future revenue streams. The impact is medium as the full financial details and project timelines are not yet specified.
The execution of a concession agreement with NHAI for a new highway project signifies business growth and potential revenue generation for the company.
GPT Infraprojects Limited announced that its subsidiary, GPT ISC JU Highway Private Limited, has executed a Concession Agreement with the National Highway Authority of India (NHAI).
This agreement pertains to the construction of a four-lane elevated road in Jodhpur city, Rajasthan. The project spans from Mahamandir (CH. 0+000) to Akhaliya Chouraha (CH. 7+633) and will be undertaken on a Hybrid Annuity Model (HAM) under the NH(O) Scheme.
The announcement was made on February 26, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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See the model portfoliosA plain-language summary of a public exchange filing by GPT Infraprojects Limited. Read the original for the full detail.