Historic Milestone created by GRSE in the NE: Signs MoU with PWD Nagaland for Modular Steel Bridges

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) achieved a significant milestone by signing a breakthrough Memorandum of Understanding (MoU) with PWD Nagaland for the supply of eight sets of Double Lane Modular Steel Bridges in the state.

This landmark MoU marks the first ever MoU between GRSE and a North Eastern State, aligning with the Government of India's Make in India initiative for accelerated regional development.

The MoU was signed by DIG Subrato Ghosh, ICG (Retd.), Director (Personnel), GRSE, and Shri Swarai Meru, Chief Engineer, PWD Nagaland in Kohima on 19 Mar 25 in the presence of Shri Natarajan Partheepan, General Manager (Bailey Bridges), GRSE.

In the past, GRSE has delivered Modular Bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation Ltd (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka and Bangladesh. Till date, GRSE has supplied over 5,800 Modular Bridges.

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 1641.15 as compared to the previous close of Rs. 1367.65. The total number of shares traded during the day was 293978 in over 12558 trades.

The stock hit an intraday high of Rs. 1641.15 and intraday low of 1374.95. The net turnover during the day was Rs. 458256815.00.

Source : Equity Bulls

Keywords

GardenReachShipbuildersandEngineers INE382Z01011 GRSE MOU PWDNagaland ModularSteelBridges