GR Infraprojects Subsidiary Completes Rajasthan Expressway Project
GR Infraprojects subsidiary, GR Bandikui Jaipur Expressway, has completed its Rajasthan expressway project. The project's Completion Certificate was issued on June 30, 2026, with commercial operations starting October 1, 2025. The project cost was ₹1368 crore.
The completion of a project with a bid cost of ₹1368 crore is material and will contribute to the company's revenue streams upon commencement of operations.
The completion of a significant infrastructure project and issuance of a completion certificate are positive developments for the company.
GR Bandikui Jaipur Expressway Private Limited, a wholly owned subsidiary of G R Infraprojects Limited, has completed its project for the construction of a 4-lane Greenfield expressway spur from Delhi-Vadodara Greenfield expressway near Bandikui to Jaipur in Rajasthan. The project, undertaken on Hybrid Annuity Mode (HAM), has received its Completion Certificate from the Independent Engineer on 30th June 2026.
The project is declared fit for entry into commercial operation effective from 01st October 2025. The bid project cost for this expressway spur was ₹1368.00 crore, excluding GST.
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