GR Infraprojects Ltd’s subsidiary GR Venkatpur Thallasenkesa Highway Pvt Ltd (the Company) has executed a concession agreement with the National Highways Authority of India on 25th May 2023.
Under the agreement, the Company will construct 4‐lane Access Controlled Greenfield Highway section of NH‐163G (Warangal‐Khammam) from Venkatpur village in Warangal District at Design Ch. 150.240 Km. to Thallasenkesa Village in Mahabubabed District at Design Ch. 189.650 Km. (total length 39.410 Km.) under other Economic Corridor (NH(O)) programme on Hybrid Annuity Mode in the State of Telangana (Package‐II).
The project, at a cost of Rs 847.87 crore, will need to be completed within 730 days from Appointed Date. The concession period is 15 years.
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