The FOUR laning of the NH4A of Belgaum-Khanpur Section(Km 0.00 to Km 30.00) and 2 Laning with paved sholuders of Khanpur-Karnataka/Goa border.(Km 30.00 to Km 84.120) was awarded to M/s GVR Infra Projects-RMN Infrastructure Ltd in july 2010 under the NHDP Phase IIIA.
The entire stretch is of 81.89 kms and the entire project cost is Rs.359 crores. The project is a Public Private Participation on Design, Build , Finance, Operate and Transfer (DBFOT) Toll basis project.
Time alloted for completion of construction work only is 30 months.
GVR is a Hyderabad registered company.
About the Company:
GVR Infra Projects Limited, an ISO 9001:2008 certified company originally incorporated in 2001 as “GVR Construction Private Limited” made rapid strides in the infrastructure space thanks to the civil engineering expertise of Sri. G. Venkateswara Rao, Chairman, GVR Group and the dynamism of the Managing Director Mr. K. Ganga Prasad. With an annual turnover of INR 800 Million in 2004, the company has grown leaps and bounds and has achieved a turnover of INR 2224 Million by 2007. Having attained an annual turnover of INR 4210 Million during the financial year 2007 – 2008, and INR 6280 Million during 2008-2009, GVRIPL is poised for a truly phenomenal growth aiming to reach INR 10000 Million mark by the end of the financial year 2009 – 2010.
Recognizing the growing importance attached to the infrastructure field in India, the GVR Group has carefully nurtured and built a well equipped organization to meet the challenges and surge forward to become a market leader in the field of infrastructure development in India.
GVRIPL is at present executing along with M/s. RMN as many as 13 major irrigation projects involving construction of canals, lining of the existing canals, etc in the state of Andhra Pradesh at a total value of INR 8800 Million. Besides, GVRIPL has also bagged major water supply & drainage works in and around Bengaluru,Karnataka at a value of INR 1800 Million to be executed for Bengaluru Development Authority (BDA) through joint-venture with M/s. RMN Ltd. a seasoned infrastructure player from Andhra Pradesh.