GPT Infraprojects has bagged an order valued at Rs 2.45 billion from Office of the Chief Engineer (West), Bangladesh Railway, Rajshahi, Bangladesh.
The company's share in the contract is 34%. The contract is for construction of rail line in connection with construction of Ruppur Nuclear Power Plant & other ancillary works. The contract completed period of 18 months.
GPT Infraprojects, 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.
Shares of the company gained Rs 2.15, or 1.39%, to trade at Rs 157.20. The total volume of shares traded was 161 at the BSE (9.45 a.m., Tuesday).