Rs 23,700 crore order book: This Small-cap construction Stock Wins Mega Green Energy Transmission Project in MP – Boost to Order Book!

As of FY25, the company has 15 ongoing highway projects, 1 ropeway project, 3 power transmission projects, and 1 MMLP Project.

G R Infraprojects Limited (GRIL) continues to reinforce its presence in India’s evolving power infrastructure market, having recently emerged as the L-1 bidder for a significant transmission project in Madhya Pradesh. Under the tariff-based competitive bidding framework, GRIL will spearhead the establishment of a state-of-the-art transmission system to facilitate the evacuation of power from renewable energy (RE) projects in Rajgarh (1,500 MW) SEZ Phase III and Neemuch (1,000 MW) SEZ Phase II.

The project encompasses the creation of crucial transmission assets, including a 2x500 MVA, 400/220 kV substation at Handiya with 2x125 MVAr 420 kV bus reactors (annual transmission charges: ₹3,670.73 million, O&M for 35 years, BOOT model), and extensive upgrades at Neemuch and Pachora—adding new bus sections, 500 MVA transformers, and multiple 220 kV and 400 kV line bays designed for seamless grid connectivity. The transmission lines feature advanced switchable line reactors to ensure system stability and accommodate the growing integration of renewable power across the region. GRIL is committed to completing the planned infrastructure within 24 months from the acquisition of the special purpose vehicle (SPV), demonstrating project execution confidence and operational excellence.

For the stock market, this project strengthens GRIL’s order book and showcases its capability to win, manage, and deliver large, technically complex energy infrastructure contracts. As per recent trends, GRIL’s previous commissioning of the Rajgarh transmission project established its credibility in the high-growth T&D sector, which is crucial as India accelerates its renewable integration targets. Financially, the company’s proven EPC track record, expanding presence in interstate transmission projects, and ability to execute BOOT-mode contracts point toward improved revenue visibility and margin support in the coming quarters. The company has a strong order book of Rs 23,700 crore.

Continued order inflows, strong technical know-how, and synergy with existing transmission infrastructure further underscore the company’s growth narrative, making G R Infraprojects a compelling stock to monitor in the infrastructure and power sector arena. As of FY25, the company has 15 ongoing highway projects, 1 ropeway project, 3 power transmission projects, and 1 MMLP Project.

Disclaimer: This article is intended for informational purposes only and should not be considered as investment advice.