GHV Infra Projects bags Rs 2,645 cr worth contract from UAE entity

GHV Infra Projects has bagged an EPC contract worth Rs 2,645 crore from Rana Exim FZ-LLC in the UAE for development of a smart manufacturing hub, the company announced on Saturday.

The project is awarded to GHV Infra Projects for engineering, procurement, and construction (EPC) of Erisha Smart Manufacturing Hub consisting of Industrial and Commercial Buildings at Ras Al Khaimah Economic Zone (RAKEZ), UAE.

The EPC contract is estimated to be completed within 24 months excluding 90 days of initial setup & mobilization period, the company said in a stock exchange filing.


"With this order, the total order book of the company has risen to over Rs 7,000 crore and shall continue to strive few more selective project options in near term," GHV Group Chairman Jahid Vijapura said in a statement.

Shares of GHV Infra Projects closed at Rs 1549.20 per unit on Friday 4:00 PM on BSE.