Afcons Infrastructure Ltd has announced its selection as the most suitable bidder for a major railway project in Europe, marking the company’s largest international order to date. The project involves the rehabilitation and construction of a railway line, including the reconstruction of the existing track and the construction of a second track. The scope of work also covers overhead electrification, signalling, and telecommunication works. The project is valued at €677.07 million, approximately ₹7,544 crore.
Krishnamurthy Subramanian, Executive Chairman of Afcons Infrastructure Ltd, expressed pride in this milestone, stating, “This project marks a significant step in Afcons’ global journey, with an entry into Europe. It reflects our ability to deliver complex, large-scale infrastructure solutions across geographies. We are proud to contribute to the modernization of a railway network in a European country, and this achievement further strengthens our position as a trusted partner in international infrastructure development.”
S Paramasivan, Managing Director of Afcons Infrastructure Ltd, highlighted the project’s alignment with the vision of the Honourable Prime Minister of India, “Making for the World.” He noted that the project would create sustainable value for stakeholders by connecting communities and driving economic growth.
Afcons Infrastructure Ltd, part of the Shapoorji Pallonji Group, has a legacy of over six decades with a strong track record in executing technologically complex EPC projects both in India and internationally. The company is ranked among the Top 140 international contractors globally, according to the latest ENR survey, and is noted for its expertise in bridges and marine & ports.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).