The “Construction of Agra-Gwalior Greenfield Road” project comprises two sections. The first section involves development of a six-lane, access-controlled Agra-Gwalior greenfield highway, starting near village Deori in Agra district and extending 88.4 kilometres to a point near village Susera in Gwalior district, spanning Uttar Pradesh, Rajasthan and Madhya Pradesh.
The second section covers road safety improvements and resurfacing along a 90-kilometre stretch of the existing Agra-Gwalior highway (NH-44), spanning across Uttar Pradesh, Rajasthan, and Madhya Pradesh
Estimated at ₹4,262.78 crore inclusive of GST, the project will be executed under the government’s National Highways (Original) scheme. It is structured as a public-private partnership using the Design-Build-Finance-Operate-Transfer (DBFOT) pattern under the BOT (Toll) mode. Under this agreement, the private developer will entirely fund, construct, and maintain the highway, recovering its investment by collecting commuter tolls for a specified period before transferring ownership back to NHAI. The project has a construction timeline of 910 days (approximately 2.5 years) from the officially declared appointed start date.
Shares of GR Infraprojects Limited closed at ₹823.40 on the NSE on September 18, 2026, down ₹5.65 or 0.68%. The stock has fallen over 17% in the year so far.
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(Edited by : Asmita Pant)
