Rs 34,152 crore order book: Shapoorji Pallonji Group’s civil construction company emerges as lowest bidder for project worth Rs 503,85,95,894.19 from Government of Rajasthan
The flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, a diversified Indian conglomerate.
Afcons Infrastructure Limited informed that Afcons – Hindustan JV ( A joint venture between the Company and Hindustan Project ) has been declared as the lowest bidder (L1) for the Water Supply Project of 353 villages (chikhli, Simalwara, Jonthary & Galiyakot block) of District Dungarpur form Kadana Back Water (Mahi Dam) Package -1 (intake well, WTP and entire transmission system up to OHSR'S) under Jal Jeevan Mission with O&M for 10 Years after Defect Liability Period of One (1) Year from Public Health Engineer Department, Udaipur, E-procurement System, Government of Rajasthan of Rs 503,85,95,894.19 (including GST).
Earlier, the company made substantial progress in Delhi Metro Phase IV by successfully completing the longest tunnelling drive between Tughlakabad Airforce Launching Shaft and Maa Anandmayee Marg Station on the Tughlakabad-Aerocity corridor. The 2.65 km long tunnel, bored through mixed soil and hard rock strata by TBM Amrit, is a significant achievement, especially considering the challenges posed by the hard rock formations and the proximity to heritage structures. This milestone marks a crucial step in the construction of the Aerocity to Tughlakabad Corridor, which will provide efficient and environmentally friendly transportation options to the city.
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About Afcons Infrastructure Ltd
Afcons Infrastructure Ltd is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, a diversified Indian conglomerate. It has a legacy of over six decades, with a strong track record of executing numerous technologically complex EPC projects both within India and internationally. As per the latest ENR survey, Afcons is ranked in the Top 120 international Contractors globally; 10th in Marine & Ports and 12th in Bridges. The company has a market cap of over Rs 19,000 crore and as of September 30, 2024, the order book stands at Rs 34,152 crore.
Disclaimer: The article is for informational purposes only and not investment advice.
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