G R Infraprojects has been named the lowest (L1) bidder for two projects proposed by National Highways Logistics Management. The first project entails the development, operation, and maintenance of a ropeway from Gaurikund to Kedarnath in Uttarakhand using a hybrid annuity mode (HAM). The estimated cost of the project is Rs 1,875 crore. The construction period begins 1,460 days after the appointed date and ends 15 years after the commercial operation date.
The second project requires the development, operation, and maintenance of a ropeway from Govind Ghat to Ghangaria to Hemkund Sahib in the state of Uttarakhand on a hybrid annuity mode (HAM). The bid project cost Rs 1,738 crore. The construction period is 1,460 days from the appointed date, and the operation period is 15 years from the commercial operation date. G R Infraprojects is an integrated road engineering, procurement, and construction (EPC) firm primarily focused on the road sector. The company has recently expanded into railway projects.