GPT Infraprojects gets orders worth Rs 110 crore

GPT Infraprojects Ltd today said it has bagged two construction orders worth Rs 109.50 crore.

The first order is for constructing a bridge over the river Katakhali at Hasnabad, the company said in a BSE filing.

The value of the project is Rs 81.30 crore and it is to be completed in two years, it added.

The nature of work for the second project relates to "foundation substructure and superstructure of major bridge... on well foundation between Kaurahi-Kusheswar Asthan in connection with construction of new line project between Sankari-Hasanpur road in joint venture with Hari Construction and Associates Ltd", the filing said.

This project, which is to be completed in 18 months, will cost Rs 28.20 crore.

The GPT Infraprojects' scrip was trading at Rs 119, down 2.46% in the afternoon on the BSE.