Afcons Infrastructure Ltd. has secured two substantial engineering, procurement, and construction (EPC) contracts in Uttar Pradesh, totaling approximately ₹3,469 crore. These projects include the Jewar Link Expressway and a key underground section of the Lucknow Metro Phase-1B. The awards underscore Afcons’ strong position in the transportation and urban infrastructure segments and contribute significantly to its order book for FY27.
Afcons Secures Major Infrastructure Contracts
Afcons Infrastructure Ltd. announced that it has been awarded two significant engineering, procurement, and construction (EPC) contracts in Uttar Pradesh. These projects have a combined value of nearly ₹3,469 crore, reinforcing the company’s leadership in the transportation and urban infrastructure segments.
Key Projects Awarded
The awarded contracts comprise the development of the Jewar Link Expressway and a crucial underground section for the Lucknow Metro Phase-1B. Mr. Krishnamurthy Subramanian, Executive Chairman of Afcons, highlighted that these prestigious projects reflect the confidence of leading infrastructure agencies in Afcons’ capabilities. He added that these projects will enhance mobility, support economic growth, and improve the quality of life for millions across Uttar Pradesh and the National Capital Region.
Contract Details and Value
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has awarded the contract for the 24.5-km access-controlled Greenfield Jewar Link Expressway. Valued at approximately ₹2,086 crore (excluding GST), this six-lane corridor will connect to the Noida International Airport at Jewar, forming an integrated high-speed transportation network. This expressway is expected to significantly improve airport accessibility and reduce travel times, linking the Yamuna Expressway and Ganga Expressway.
Additionally, Afcons has received a notice of award from the Uttar Pradesh Metro Rail Corporation (UPMRC) for the design and construction of a 6.52-km underground stretch under the Lucknow Metro Phase-1B project. This scope includes seven underground metro stations, associated civil and architectural works, and utility systems. The project value for this segment is approximately ₹1383 crore.
Financial Outlook
Mr. S Paramasivan, Managing Director of Afcons, stated that these wins bolster the company’s order book, with fresh orders secured in FY27 now standing at ₹19,438 crore. Afcons is committed to delivering complex, nation-building infrastructure projects and creating long-term value for all stakeholders.
Source: BSE
