GPT Infra Bags Order Valued at 487 Crore from Central Railway
The nature of the contract is construction of new BG line from chain-age 52500 to 83200 in Solapur-Osmanabad section of Solapur Division of Central Railway.
![GPT Infra Bags Order Valued at 487 Crore from Central Railway](https://www.psuconnect.in/sdsdsd/gpt.jpg)
GPT Infra Projects Limited (GPT) has announced that the company has bagged an order valued at 487 Crore. The entity awarding the contract is Central Railway, Mumbai.
The nature of the contract is the construction of new BG line from chain-age 52500 to 83200 in the Solapur-Osmanabad section of the Solapur Division of Central Railway. The Contract is in Joint Venture with GPT’s share being 26%. The outstanding order book for the Company now stands at approximately 3,309 Crore with a total order inflow for Fiscal 2025 of 127 Crore.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYGPT Infra projects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. The company was incorporated in 1980, and is the flagship company of GPT Group, based out of Kolkata. GPT, a premier infrastructure company, operates through two segments– Infrastructure and Sleeper.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh