Afcons Secures ₹3,469 Crore EPC Orders for Jewar Airport Expressway & Lucknow Metro
Afcons Infrastructure Ltd secured two EPC contracts in Uttar Pradesh worth ₹3,469 crore. The projects include the Jewar Link Expressway (₹2,086 crore) and a Lucknow Metro underground section (₹1383 crore). With these wins, fresh orders for FY27 reach ₹19,438 crore.
The value of the new orders is substantial and relates to key infrastructure projects, which will have a significant impact on the company's revenue and market position.
The company has secured significant new orders, which is a positive development indicating business growth and a strong order book.
Afcons Infrastructure Limited has announced the securing of two significant engineering, procurement, and construction (EPC) contracts in Uttar Pradesh, with a combined value of ₹3,469 crore. These projects reinforce the company's position in the transportation and urban infrastructure sectors.
The first project, awarded by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), is for the construction of the 24.5-km access-controlled Greenfield Jewar Link Expressway. This six-lane corridor, expandable to eight lanes, will connect to the Noida International Airport at Jewar and is valued at approximately ₹2,086 crore (excluding GST). The expressway aims to enhance airport accessibility, reduce travel times, and improve logistics efficiency by linking the Yamuna Expressway and Ganga Expressway, thereby supporting regional economic development.
The second contract, received from Uttar Pradesh Metro Rail Corporation (UPMRC), involves the design and construction of a 6.52-km underground stretch for the Lucknow Metro Phase-1B. This scope includes seven underground metro stations, associated civil and architectural works, utility systems, fire safety infrastructure, and the integration of underground and elevated sections. The project value is approximately ₹1383 crore.
Mr. Krishnamurthy Subramanian, Executive Chairman of Afcons, stated that these awards reflect the confidence in Afcons' engineering capabilities and execution excellence, highlighting the transformative nature of these projects for mobility, economic growth, and quality of life. Mr. S Paramasivan, Managing Director of Afcons, added that these wins strengthen the order book and contribute to the fresh orders secured in FY27, which now stands at ₹19,438 crore. He expressed the company's commitment to delivering complex, nation-building infrastructure projects efficiently.
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Afcons Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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