Afcons Infrastructure Limited — New Orders, 13-01-2025: Awarding of order(s)/contract(s)

Afcons Infrastructure Limited has emerged as the lowest bidder (L1) for two significant packages of the Pune Ring Road project, valued at a combined total of ₹4,787.20 Cr. The projects include Package PRR E5, which spans from Km 72+335 to Km 81+900 with a bid valued at ₹2,718.50 Cr, and Package PRR E7, from Km 97+900 to Km 104+140, with a bid of ₹2,068.70 Cr. Both packages will be constructed under an EPC (Engineering, Procurement, and Construction) model, with a completion period of 36 months for each. This successful bidding positions Afcons for potential revenue gains and illustrates its competitive strength in large infrastructure projects. Investors should consider this recent development positively, as it could enhance the company's growth trajectory.