Afcons Infrastructure Limited — New Orders, 14-12-2024: Bagging/Receiving of orders/contracts

Afcons Infrastructure Limited has received a Letter of Acceptance (LOA) from Madhya Pradesh Metro Rail Co. Ltd. for the construction of Package BH-05 of the Bhopal Metro Rail Project. The project, valued at ₹1006.74 Cr, involves the design and construction of an elevated viaduct along with thirteen elevated metro stations, spanning approximately 12.915 km. This engineering, procurement, and construction (EPC) project has a completion period of 36 months.

This development underlines Afcons’ strategic positioning in urban infrastructure and could potentially enhance its order book and revenue streams, signaling a positive outlook for growth in the coming years. Investors should watch for updates on project execution and its impact on overall financial performance.