GPT Infraprojects Secures ₹ 1804 Crore Flyover Contract in Mumbai
Filing Summary
GPT Infraprojects Limited has secured a contract valued at ₹ 1804.48 Crore from the Municipal Corporation of Greater Mumbai. The project involves the construction of a flyover along LBS Marg in Mumbai’s Eastern Suburbs. GPT Infraprojects holds a 26% share in this joint venture, amounting to ₹ 469.16 Crore. The contract is set to be executed over a period of 36 months, excluding monsoon seasons. This development adds to GPT Infraprojects’ existing order book, which now stands at ₹ 3861 Crore.
GPT Infraprojects Limited has announced the acquisition of a significant contract from the Municipal Corporation of Greater Mumbai valued at ₹ 1804.48 Crore. The contract involves the construction of a flyover along LBS Marg, extending from Kalpana Talkies Kurla to Pankhe Shah Dargah Ghatkopar West in Mumbai’s Eastern Suburbs. This project is part of a joint venture, with GPT Infraprojects holding a 26% share.
The financial terms of the contract specify that GPT Infraprojects will be responsible for ₹ 469.16 Crore of the total contract value. This contract is part of a joint venture arrangement, highlighting the company’s strategic involvement in large-scale infrastructure projects. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the awarding entity.
The scope of work for this project includes the construction of a flyover along a key arterial road in Mumbai. The flyover is intended to improve traffic flow and connectivity in the Eastern Suburbs. The project will be executed over a period of 36 months, with the timeline excluding monsoon seasons to account for weather-related delays. The construction activities will be carried out in compliance with the terms and conditions set by the awarding authority.
The contract win adds to GPT Infraprojects’ existing order book, which now totals ₹ 3861 Crore. This includes a total order inflow of ₹ 966 Crore for Fiscal 2026, encompassing projects where the company has been identified as the lowest bidder (L1). The company’s operations are focused on infrastructure development, with a particular emphasis on railway and road projects.
The project is expected to be completed within a 36-month timeframe, excluding monsoon periods. The Municipal Corporation of Greater Mumbai is the domestic entity awarding this contract, underscoring the company’s engagement with local government bodies for infrastructure development. The project is a part of the company’s ongoing efforts to expand its presence in the infrastructure sector.
GPT Infraprojects Limited is a prominent infrastructure company based in Kolkata, specializing in civil and infrastructure projects. The company operates through two main segments: Infrastructure and Sleeper. It is recognized for its expertise in executing large-scale projects, particularly in the railway sector. The company also manufactures and supplies concrete sleepers for railways in India and Africa, with manufacturing units located in West Bengal, South Africa, Namibia, and Ghana.