GHV Infra Projects Limited has secured an engineering, procurement, and construction contract worth USD 134.01 million from APCO Infratech Private Limited for the development of expressway connectors between Jalna and Nanded in Maharashtra.

Contract Scope and Structure

The EPC contract covers end-to-end project execution responsibilities, encompassing survey and investigation, design, engineering, procurement of materials, construction, and maintenance.

The scope also includes all associated temporary and ancillary works required for project delivery. The Engineering, Procurement, and Construction EPC structure places full lifecycle accountability on GHV Infra, ensuring integrated execution from the planning stage through to completion.

According to disclosures made by the company, the contract is domestic in nature and does not involve related-party transactions, indicating an arm's-length award process.

The 30-month execution timeline reflects the scale and complexity of the project, which requires coordinated planning across multiple phases, including engineering design, procurement, and on-ground construction activities.

Regional Connectivity Goals

The expressway connector project forms part of broader infrastructure development initiatives in Maharashtra, with a specific focus on strengthening connectivity between Jalna and Nanded, two important districts located in the Marathwada region of the state.

Improved road infrastructure along this corridor is expected to facilitate smoother movement of goods and passengers, supporting regional economic activity and logistics efficiency.

Projects involving expressway connectors play a critical role in linking existing corridors with emerging routes, enabling better integration of regional transport networks.

The development aligns with ongoing public and private sector investments in road and expressway infrastructure across Maharashtra, where connectivity upgrades remain a priority for facilitating intra-state movement and supporting industrial and commercial linkages.

Order Book Position

The contract represents a significant addition to GHV Infra's existing project pipeline. As of the end of March, the company's standalone order book stood at approximately USD 964.87 million, of which around USD 911.26 million remains unexecuted and is expected to be delivered over the next three to four years.

This provides medium-term revenue visibility for the company and underscores its continued participation in infrastructure development projects across the country.

The latest USD 134.01 million award adds to this pipeline and is scheduled to contribute to the company's execution activity over the next two and a half years.

Portfolio Breakdown

Segment-wise, civil construction and housing account for the largest share of GHV Infra's order book at approximately 58 percent. Roads follow as the second-largest segment at around 27 percent of the total order book.

Railways and power projects contribute smaller proportions to the overall portfolio, reflecting a diversified spread of project types across infrastructure verticals.

The road infrastructure segment, which includes this latest expressway connector contract, continues to represent a meaningful component of the company's overall project mix, consistent with the sustained pipeline of highway and expressway development work being undertaken across Maharashtra and other states.

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