Breaking News

You are here » Indian-Commodity  :  Top News  :  GPT Infraprojects' JV bags order worth Rs 90.5 crore

30-Jan2017

GPT Infraprojects' JV bags order worth Rs 90.5 crore

GPT Infraprojects has bagged an order worth Rs 90.5 crore in joint venture (JV) with Hari Construction, where GPT's share is 51%. The order has been bagged from IRCON International for works related to Kiul-Gaya railway line.

The order pertains to earthwork in filling in embankment, provision of blanketing material, construction/extension of minor bridges and miscellaneous works in connection with doubling of railway line in between Kiul-Gaya. The project is scheduled to be completed in 18 months.

GPT Infraprojects is an infrastructure company. It offers civil construction projects for infrastructure work such as railways, roads, airports, irrigation and urban infrastructure. The firm also has manufacturing facilities for railway concrete sleepers.




Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Gold futures trade flat on Monday

Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......