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Harshal Parmar

18th Jul 2025 · SEBI-Registered Analyst

“India’s Infrastructure Titan: Afcons’ Top Contracts This Year”

AFCONS
Recent Major Projects by Afcons Infrastructure Here’s a snapshot of Afcons Infrastructure’s biggest recent wins, showcasing its growing footprint across metros, dams, and mega-tunnel projects. Key Contracts and Awards:-- Dubai Sewerage Mega-Project Afcons has bid for Dubai’s Rs 1,87,924 crore (US $22 billion) sewerage contract, encompassing 75 km of deep tunnels, 220 km of link sewers, and two main treatment plants. Its potential share is estimated at Rs 21,355–25,626 crore, nearly matching its annual order intake. Bhopal Metro Phase 1 (Blue Line) Declared lowest bidder at Rs 1,006.74 crore for Package BH-05, Afcons will build a 12.915 km elevated viaduct, 13 elevated stations, and a depot ramp funded by a €400 million EIB loan. Song Dam Project, Uttarakhand Received a Letter of Acceptance for a Rs 1,274 crore civil-works contract from UPDCC to construct a 130.6 m concrete gravity dam and associated hydraulic structures on the Song River in Dehradun district. Reliance Industries Vinyl Project, Dahej Awarded a Rs 700 crore work order covering civil, mechanical, and allied works for Reliance’s vinyl manufacturing complex in Dahej, Gujarat. The stock jumped nearly 6% on the announcement. Strategic and Financial Impact:-- Afcons is diversifying beyond traditional EPC work into urban transit, water-and-sewerage infrastructure, and industrial complexes. Its aggressive bidding in West Asia signals a shift toward larger ticket sizes and long-tenor projects, enhancing revenue visibility and margin stability.

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