G R Infraprojects Limited announced that with reference to emergence of G R Infraprojects Limited as L1 bidder for "Development, Operation and Maintenance of Ropeway from Gaurikund to Kedarnath in the State of Uttarakhand on Hybrid Annuity Mode" and "Development, Operation and Maintenance of Ropeway from Govind Ghat - Ghangaria - Hemkund Sahib in the State of Uttarakhand on Hybrid Annuity Mode" intimated to the Exchange vide letter dated 20th February 2023. National Highways Logistics Management Limited has informed that the ongoing bidding process for the aforesaid projects is annulled. Details of the projects are as under: Development, Operation and Maintenance of Ropeway from Gaurikund to Kedarnath in the State of Uttarakhand on Hybrid Annuity Mode.

Bid Project Cost (INR in Cr.) 1875.00. First Year O&M Cost (INR in Cr.) Fixed 2.00, Variable 3.00. Construction Period: 1460 days from Appointed Date.

Operation Period: 15 Years from Commercial Operation Date. Development, Operation and Maintenance of Ropeway from Govind Ghat - Ghangaria - Hemkund Sahib in the State of Uttarakhand on Hybrid Annuity Mode. Bid Project Cost (INR in Cr.) 1738.00.

Fixed 2.00, Variable 2.00. Construction Period: 1460 days from Appointed Date. Operation Period: 15 Years from Commercial Operation Date.