Rail Vikas Nigam Limited (RVNL) has awarded GPT Infraprojects a work order of ₹547 crore for the building of a six-lane elevated Kona Expressway in West Bengal. The project entails building the elevated corridor’s viaduct section, exit/entry ramps, and road over bridges.
(ROBs) with the exception of steel spans. In addition, the project calls for the construction of the NHAI office building, culvert widening, pedestrian underpasses (PUPs), small and large vehicular underpasses (SVUPs, LVUPs), and other miscellaneous works. The scope of work also includes lighting and electrification for the section of NH-117 between ch. 0.145 km and 7.337 km.
In June 2024, GPT Infraprojects Limited, a prominent infrastructure company based in Kolkata, secured a significant contract valued at ₹547 crore from Rail Vikas Nigam Limited (RVNL). This contract pertains to the construction of a six-lane elevated Kona Expressway in West Bengal, a project poised to enhance the region’s transportation infrastructure.
Project Scope and Details
The awarded contract encompasses a comprehensive range of construction activities aimed at developing a modern and efficient expressway. Key components of the project include:
- Viaduct Construction: Building the elevated corridor’s viaduct portion, which forms the backbone of the expressway.
- Road Over Bridges (ROBs): Erecting multiple ROBs, excluding steel spans, to facilitate uninterrupted traffic flow over existing roadways and railways.
- Entry and Exit Ramps: Developing access points to ensure seamless ingress and egress for vehicles.
- Underpasses: Constructing various underpasses, including small vehicular underpasses (SVUPs), light vehicular underpasses (LVUPs), vehicular underpasses (VUPs), and pedestrian underpasses (PUPs), to enhance safety and connectivity.
- Culvert Works: Executing the construction, reconstruction, and widening of culverts to ensure proper drainage and structural integrity.
- NHAI Office Building: Establishing an office building for the National Highways Authority of India (NHAI) as part of the project’s infrastructure development.
- Electrification and Lighting: Implementing comprehensive electrification and lighting solutions to ensure the expressway meets modern standards of safety and efficiency.
The project is set to be executed on an Engineering, Procurement, and Construction (EPC) basis, underscoring GPT Infraprojects’ role in managing the entire lifecycle of the project from design to completion.
Strategic Significance
Securing this contract marks a pivotal achievement for GPT Infraprojects, reflecting its robust project execution capabilities and reinforcing its position in India’s infrastructure sector. The Kona Expressway project is anticipated to significantly improve connectivity in West Bengal, facilitating smoother traffic flow and contributing to regional economic development.
Market Response
Following the announcement, GPT Infraprojects’ shares experienced a notable uptick. The stock price rose by over 4% in early trading sessions, indicating positive investor sentiment and confidence in the company’s growth trajectory
Company Overview GPT Infraprojects Limited, the flagship company of the GPT Group, has established itself as a key player in the infrastructure domain, with a diverse portfolio spanning railways, roads, and industrial projects. The company’s proven track record in delivering complex projects positions it well to undertake the Kona Expressway initiative successfully.
In summary, the ₹547 crore contract for the six-lane elevated Kona Expressway not only augments GPT Infraprojects’ project portfolio but also stands as a testament to its expertise and commitment to advancing India’s infrastructure landscape.
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