Afcons Infrastructure Limited saw its shares jump 2% following the announcement of a ₹1,274 crore civil works contract for the Song Dam Project in Dehradun, Uttarakhand. The company received a Letter of Acceptance (LoA) from Uttarakhand Project Development and Construction Corporation Ltd.
The project involves constructing a 130.6-meter-high concrete gravity dam and associated infrastructure across the River Song. Executed under the EPC (Engineering, Procurement, and Construction) model, the project is slated for completion in 60 months.
As of 9:18 am, Afcons Infrastructure shares were trading 1.89% higher at Rs 497.00 on the NSE.
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