co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
GR Infraprojects shares rose after the company secured a Rs 903.5-crore contract for the Nagpur Metro Rail Project, becoming the lowest bidder for a 17.624-km elevated metro viaduct.
The Metro will be a unique gift to the city in 21st century with German finance agency KFW sanctioning Rs 3,750 crore as loan to part fund the project, Fadnavis said at the 'Project Agreement' signing ceremony held here in the presence of Union Transport and Shipping Minister Nitin Gadkari.
Representatives from KfW Bank and NMRCL visited the proposed sites of metro rail alignment at Congress Nagar, Santra Market and Gol Bazaar Market. KfW appreciated the inclusive approach by NMRCL towards the Project Affected People (PAP) as well as different stake-holders, the release said.
