Stock Report

Brahmaputra Infrastructure JV Declared L-1 for ₹114.24 Crore Gati Shakti Project

Posted On : 2026-05-10 13:56:56( TIMEZONE : IST )

Brahmaputra Infrastructure Limited (BIL) has reached a significant milestone in its infrastructure portfolio. On May 8, 2026, the company announced that its joint venture entity, SB BIL JV, has been declared the Lowest Bidder (L-1) for a major railway project under the Jhansi Division of North Central Railway. Valued at approximately ₹114.24 crore, the project is a part of the Government of India's PM Gati Shakti National Master Plan.

Project Scope: Enhancing Rail-Road Connectivity

The contract focuses on the construction of three separate 2-lane Road Over Bridges (ROBs), including end-to-end approaches. These bridges are designed to eliminate busy level crossings, thereby improving safety and traffic flow across critical railway sections:

LC No. 40: Located on the Gwalior - Bhind section.

LC No. 398: Located on the Jhansi - Gwalior section.

LC No. 315: Located on the Jhansi - Bina section.

The project is slated for completion within 18 months from the date of the formal award.

Strengthening the Order Book

This new win provides high revenue visibility for the company over the next year and a half. Key highlights of the contract include:

Total Project Value: ₹114.24 Crores.

Total Order Pipeline: With this addition, the Company's joint venture order pipeline stands at approximately ₹1,500 crore.

Strategic Client: Awarded by a domestic government entity (Ministry of Railways), ensuring a low-risk profile with defined payment milestones.

Securing this contract reinforces Brahmaputra Infrastructure's standing in the civil construction sector. The project offers several strategic advantages:

Geographic Expansion: The work spans key sections in Madhya Pradesh and Uttar Pradesh, diversifying the company's execution footprint in Central India.

Consortium Success: The use of the SB BIL JV model highlights the company's ability to successfully use joint ventures to scale project sizes and mitigate technical risks.

National Alignment: By participating in the PM Gati Shakti initiative, BIL positions itself as a preferred contractor for future high-value multi-modal infrastructure programs.

Shares of BRAHMAPUTRA INFRASTRUCTURE LTD. was last trading in BSE at Rs. 155.00 as compared to the previous close of Rs. 152.25. The total number of shares traded during the day was 25476 in over 263 trades.

The stock hit an intraday high of Rs. 156.50 and intraday low of 150.00. The net turnover during the day was Rs. 3947872.00.