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The Economic Times
The Economic Times

India's Afcons emerges as successful bidder to construct railway line in Europe

New Delhi: Afcons Infrastructure Ltd has been selected as the most suitable bidder for the rehabilitation and construction of a railway line in Croatia, Europe.

Afcons is one of India's leading infrastructure companies and has executed several landmark projects, including the Chenab bridge on the Udhampur-Srinagar-Baramulla Rail Link project, the country's first under-river tunnel for the Kolkata East-West Metro corridor and the all-weather Atal Tunnel under Rohtang Pass among others.

"This project underscores Afcons' long-term commitment to delivering world-class infrastructure globally and is to be the company's largest international order to date," the company said in a press note on Monday.

"This milestone project marks a significant step in Afcons' global journey, with an entry into Europe. It reflects our ability to deliver complex, large-scale infrastructure solutions across geographies," Krishnamurthy Subramanian, executive chairman, Afcons Infrastructure Ltd, said.

He added that they are proud to contribute to the modernisation of a railway network in a European country and this achievement further strengthens the company's position as a trusted partner in international infrastructure development.

Highlighting the scope of the work, S Paramasivan, managing director, Afcons, said, "The project entails the reconstruction of the existing track and construction of a second track railway line."

"In addition to civil works, the scope includes overhead electrification, signalling and telecommunication works. The project is valued at €677.07 million, excluding taxes (Approx. INR 7544 Cr.)," he added.

Afcons said it remains committed to creating sustainable value for stakeholders through transformative projects that connect communities and drive economic growth.

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