GPTINFRA bags an order worth 362 crore from Rail Vikas Nigam

Mohan | Myequity news | Date: 02-08-2018 01:00:00 IST

GPT Infraprojects Limited (GPT) today announced that the company has bagged an order valued at Rs 362.16 crores from Rail Vikas Nigam Limited. The order consists of Construction of Roadbed, Viaduct, Major and Minor Bridges, RUBs, ROBs, Track Linking and General Electrical Works at both the approaches of Rail cum Road Bridge at Ghazipur (18.8 km) in connection with Construction of New BG Line from Mau to Tarighat in Varanasi Division of NE Railway and Danapur Division of EC Railway in Uttar Pradesh which has to be completed in 24 months. GPT also mentioned that the order is the largest single value contract in the history of the company.

About GPT Infraprojects:
GPT Infraprojects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. GPT, incorporated in 1980, operates through two business divisions – Infrastructure and Sleepers. The company made inroads into the infrastructure segment in 2004 and is now an established Railway focused player. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In Sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa. GPT is the only Indian company which has presence in several countries for its concrete sleeper business viz. South Africa, Namibia, Bangladesh and Sri Lanka.

GPT has strong project execution capabilities, a healthy financial base, and enviable growth prospects across all areas of operation. The company’s sleeper manufacturing units are located at Panagarh (West Bengal, India), Ramwa and Pahara (Uttar Pradesh, India), Ladysmith (KZN, South Africa) and Tsumeb (Namibia).

The company has current orders in hand of nearly Rs 2,326 crore including cumulative order inflow of Rs 445.60 crores in the current financial year.

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