Hey there, folks! Today we’ve got some exciting news about a massive project happening in Pune. The project, with a whopping bid cost of ₹4,787.20 crore (excluding GST), involves building an access-controlled road under the EPC model. And get this – it’s expected to be completed in just 36 months!
Let’s dive into the nitty-gritty details, shall we?
– Package PRR E5: This package covers a stretch of 9.6 km from Valati, Taluka Haveli, to Sonori, Taluka Purandar, and is valued at a whopping ₹2,718.50 crore.
– Package PRR E7: This package comes with an estimated cost of ₹2,068.70 crore.
Now, let’s talk about Afcons Infrastructure. The company has been on a winning streak, with a total of ₹19,000 crore worth of projects secured as of September 2024. And they’re not stopping there – they’re expecting an additional ₹5,000 crore in order inflows by March 2025. Talk about impressive!
Afcons has been making waves in Maharashtra, with bidding activity for projects worth a mind-blowing ₹60,000-70,000 crore over the past year. And guess what? They’ve managed to snag projects worth ₹8,000-10,000 crore as the lowest bidder. That’s some serious business!
But despite all these major wins, Afcons Infrastructure saw a slight decline in their shares, ending at ₹482.50 on the BSE with a 3.34% drop on January 13. It just goes to show that even in the world of big projects, there are bound to be ups and downs.
So there you have it, folks – a glimpse into the world of big projects, bidding wars, and impressive wins. Stay tuned for more updates on all things infrastructure and development!
Thanks For Reading Report of Punepress.com