G R Infraprojects543317New project launch
Concession agreement executed for Varanasi MMLP project; size Rs. 91.60 crore, 45-year concession
Wholly owned subsidiary Fourwrd MMLP Varanasi Pvt Ltd has executed a concession agreement with Varanasi MMLP Ltd for the MMLP Varanasi project in Uttar Pradesh.
By ScoutQuest · · 1 min read
- Contract Size
- Rs. 91.60 crore (excluding GST)
- Construction Period
- 1 (one) year from the Appointed Date
- Concession Period
- 45 Years (including the Construction Period) from the appointed date
What was announced
- Fourwrd MMLP Varanasi Private Limited, a wholly owned subsidiary of the company, has executed a concession agreement with Varanasi MMLP Limited on 15th October 2026.
- This intimation was shared with BSE Limited and the National Stock Exchange of India Limited under Scrip Code 543317 and Symbol GRINFRA.
The project
- Development, Operation and Maintenance of the Multi Modal Logistics Park (MMLP) Varanasi in the State of Uttar Pradesh.
- The route is Public Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) basis.
- In DBFOT, the concessionaire designs, builds, finances and operates the asset, and transfers it at the end of the concession period.
The numbers
- Broad consideration or size of the order/contract: Rs. 91.60 crore (excluding GST).
- Construction period: 1 (one) year from the Appointed Date.
- Concession period: 45 Years (including the Construction Period) from the appointed date.
How to read this
- The agreement is now executed between the wholly owned subsidiary and Varanasi MMLP Limited.
- The stated size of the contract is Rs. 91.60 crore excluding GST, and the concession period of 45 years includes the one-year construction period.
- For a retail investor, the checkable points here are the executed agreement, the project scope, the contract size, and the construction and concession timelines as stated.
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More numbers
- Broad consideration / size of order or contractRs. 91.60 crore (excluding GST)
- Construction period from Appointed Date1 (one) year
- Concession period including construction period45 Years
Source: BSE · 15 Oct 2026
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