G R Infraprojects Limited informed that Company has emerged as L1 bidder in Financial Bid Opening dated 22nd March 2023 for the tender invited by National Highways Authority of India for "Six laning of Surat - Nashik - Ahmednagar - Solapur - MH/KNT Border Greenfield stretch [Package - XIV from Km. 512.000 (Hasapur) to Km. 548.400 (Badadal)] in the State of Maharashtra to be executed on Hybrid Annuity Mode under Bharatmala Pariyojana.

Project:- Six laning of Surat ­ Nashik ­ Ahmednagar­ Solapur ­ MH/KNT Border Greenfield stretch [Package ­ XIV from Km. 512.000 (Hasapur) to Km. 548.400 (Badadal)] in the State of Maharashtra to be executed on Hybrid Annuity Mode under Bharatmala Pariyojana.

Bid Project Cost:- INR 8,721.7 million. Completion Period & Operation Period Completion Period: 730 days from Appointed Date. Operation Period: 15 Years from Commercial Operation Date.