Afcons Infrastructure intimated that with respect to the award received from the Govt of India, Ministry of Defence, Defence Research and Development Organisation (DRDO) which was previously announced on 03 January 2023, the said award is for infrastructure works on EPC basis. The value of the project is Rs 1,084.54 crore and is to be executed within 36 months. Powered by Capital Market - Live News

Afcons Infrastructure has received a Letter of Intent from the Govt of India, Ministry of Defence, Defence Research and Development Organisation (DRDO) for the execution of work related to the augmentation of MTC, creation of SAF, and workshop equipment for the ship lift facility (AMCSWF) at Visakhapatnam. The value of the contract is Rs 1084.54 crore. Powered by Capital Market - Live News

Afcons Infrastructure has been announced as the winner of the Most Innovative Knowledge Enterprise (MIKE) Award 2024 for the 7th consecutive year, both at the Global and India levels. This recognition highlights Afcons` commitment to innovation and excellence in knowledge management. This award is given by the International Global MIKE Study Group, comprising world experts in effective knowledge management and innovative practices. Afcons continues to be the only company in the infrastructure sector, globally, to be consistently recognised for its progress in harnessing knowledge assets as a key competitive differentiator. The company has won MIKE awards at both the India and Global levels from 2018 to 2024. Previously, Afcons was awarded the Most Admired Knowledge Enterprise (MAKE) award in 2016 and 2017 at three levels - India, Asia, and Global.Powered by Capital Market - Live News

Afcons Infrastructure achieved a significant milestone today in Delhi Metro Phase IV by completing the longest tunnelling drive between the Tughlakabad Airforce Launching Shaft and Maa Anandmayee Marg Station on the Tughlakabad-Aerocity corridor.The DC-07 package includes three stations, 11.26 km of tunnelling, a 223-meter ramp, and a 119-meter cut-and-cover section. The three underground stations are Maa Anandmayee Marg Station, Tughlakabad Railway Colony Station, and Tughlakabad Station. This package is part of the Aerocity to Tughlakabad Corridor (Line-10) of Phase-IV of the Delhi Metro, with a total route length of 23.62 km.The 105-meter-long TBM was used in achieving this significant tunnel breakthrough. The new tunnel has been constructed at an average depth of approximately 16 meters, with around 1,894 rings installed, each with an inner diameter of 5.8 meters.Two parallel circular tunnels for up-and-down movement are being constructed along this stretch as part of the Aerocity-Tughlakabad corridor. The breakthrough on the other parallel tunnel is expected in January 2025.Powered by Capital Market - Live News

The Honourable President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, commissioned the first ever Tema-Mpakadan Standard Guage Railway Line, executed by Afcons Infrastructure, last week. The project cost is approximately US$447 million.The 100km rail network project includes seven passenger stations, a 300-meter railway bridge over the Volta River, which is the first-of-its-kind in the country, two rail head facilities, four rail bridges, 11 road under bridges and 22 road over bridges. The project will help decongest roads and will enhance the enhance efficiency of port operations at Tema, reducing the heavy dependency on the road transport, and long-distance freight and passenger movement. The project was financed through India Exim Bank credit.Powered by Capital Market - Live News