Bengaluru, Aug. 14 -- With market capitalization of Rs. 12,214 cr, the shares of G R Infraprojects Limited are currently trading at Rs. 1,265 per share, from its previous close of Rs. 1,237 per share.

Projects G R Infraprojects Limited has emerged as the L1 bidder for establishing the transmission system to evacuate power from renewable energy projects in Rajgarh (1500 MW) SEZ Phase III and Neemuch (1000 MW) SEZ Phase II in Madhya Pradesh, awarded through Tariff-Based Competitive Bidding (TBCB) by REC Power Development and Consultancy Limited.

The project includes multiple key components such as establishment of a 2 500 MVA, 400/220 kV substation at Handiya with 2 125 MVAr 420 kV bus reactors; creation of a new 220 kV Bus Section-II at...