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Afcons Infrastructure secures LoI worth Rs 1084.54 crore

03 Jan 2025 Evaluate

Afcons Infrastructure has received a Letter of Intent (LoI) 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. Broad consideration or size of the order is Rs 1084.54 crore (including GST). The said order is to be executed within 36 months.

Afcons Infrastructure is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group.


Peers
Company Name CMP
Larsen & Toubro 3870.00
Kalpataru Projects 1399.00
NCC 134.35
Rail Vikas Nigam 210.85
KEC International 391.50
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