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GHV Infra Shares Gain 2% on Securing LoI Worth Rs 120 Crore 

The contract is worth Rs 120 crore and has a three-year completion deadline.
The contract is worth Rs 120 crore and has a three-year completion deadline.

Shares of GHV Infra Projects Ltd were trading in the green and 2% higher on 4 September after the company announced securing LoI from GHV (India) Private Limited. 

In its regulatory filing, the company said that they have received a Letter of Intent (LOI) from GHV (India) Private Limited to engineer and construct the Integrated Redevelopment of South Eastern Railway Station in Jharkhand. The contract is worth Rs 120 crore and has a three-year completion deadline.

The filing added, “We wish to inform you that GHV Infra Projects Limited (‘the Company’) has received a Letter of Intent (LOI) from GHV (India) Private Limited for Engineering and Construction of Integrated Redevelopment of Railway Station of South Eastern Railway, at Jharkhand.”

GHV Infra Projects Limited provides complete solutions across major sectors, with expertise in transportation, energy and the environment, social and commercial, and industrial infrastructure.  The organisation provides end-to-end services such as engineering, procurement, construction, commissioning, and operations, ensuring quality at all stages.

At 1:02 pm, the shares of GHV Infra were trading 2.33% higher at Rs 1,399.95 on NSE.

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