GR Infra Subsidiary Signs Concession Agreement for Bihar Highway Project Worth ₹2,440 Crore
G R Infraprojects' subsidiary, Munger Link Highway Private Limited, signed a concession agreement with NHAI on May 14, 2026. The project involves constructing a 4-lane highway in Bihar for ₹2,440.87 crore (excluding GST) on a Hybrid Annuity Mode.
The project value of ₹2,440.87 crore is substantial and represents a significant new development for the company, impacting its order book and future operations.
The execution of a concession agreement for a significant infrastructure project indicates business expansion and potential future revenue streams for the company.
G R Infraprojects Limited announced that its wholly-owned subsidiary, Munger Link Highway Private Limited, has executed a concession agreement with the National Highways Authority of India on May 14, 2026.
This agreement pertains to the construction of a 4-lane greenfield section of NH-33, stretching from Mokama to Munger in the state of Bihar. The project is to be undertaken on a Hybrid Annuity Mode (HAM).
The estimated project cost is ₹2,440.87 crore, excluding GST. The completion period is 910 days from the appointed date, followed by an operation period.
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G R Infraprojects Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by G R Infraprojects Limited. Read the original for the full detail.