UPEIDA awards Jewar Link Expressway work to Afcons
Key Highlights
Afcons Infrastructure won two EPC contracts in Uttar Pradesh worth ₹3,469 crore for expressway and metro rail projects.
Afcons Infrastructure has secured two engineering, procurement and construction contracts in Uttar Pradesh with a combined value of ₹3,469 crore. The Uttar Pradesh Expressways Industrial Development Authority awarded the company a contract worth ₹2,086 crore to build the 24.5-km Greenfield Jewar Link Expressway.
The Jewar Link Expressway project involves constructing a six-lane corridor that is expandable to eight lanes. This infrastructure will connect to the Noida International Airport to create an integrated high-speed transportation network across the state. The company received the contract from the Uttar Pradesh Expressways Industrial Development Authority for this project.
Additionally, the company received a notice of award from the Uttar Pradesh Metro Rail Corporation for the Lucknow Metro Phase-1B project. This contract is valued at around ₹1,383 crore and covers the design and construction of a 6.52-km underground stretch. The scope of work includes seven underground metro stations, utility systems, fire safety infrastructure, and architectural works. Afcons Infrastructure operates as the flagship infrastructure engineering and construction firm of the Shapoorji Pallonji group.
Based on company and agency reports. For information only; not investment advice.