Rs 36,869 crore order book: Civil construction company bags new orders worth Rs 4,535 crore from Croatian Motorways Ltd

Afcons Infrastructure Limited announced on July 17, 2025, that it has been declared the Lowest Bidder (L1) for two distinct road construction packages in the Republic of Croatia. These projects were awarded by Croatian Motorways Ltd.

The first project, "Package J324/23 - Construction of Road Length 9 Km," involves the construction of the Metković Dubrovnik Sector, Subsection Rudine Slano (L=9.0 KM), which is part of the A1 Motorway Zagreb-Split-Dubrovnik. The estimated value of this contract, excluding taxes, is Euro 240,593,861.40, equivalent to approximately Rs. 2,398 Crores. The second project, "Package -J325/23 - Construction of Road - Length 11.5 Km," is for the Metković Dubrovnik Sector, Slano Puo Mravinjac Subsection (L=11.5 KM) of the A1 Motorway Zagreb-Split-Dubrovnik. This package is valued at Euro 214,452,118.69, which is equivalent to around Rs. 2,137.44 Crores. Both projects are based on BOQ/Item rate mode and have a completion period of 42 months, effective from the project's commencement date post-award. The exchange rate used for these conversions is 1 Euro = Rs99.67.

About Afcons Infrastructure Ltd

Afcons Infrastructure Ltd is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. It has a legacy of over six decades, with a strong track record of executing numerous technologically complex EPC projects both within India and internationally. As per the latest ENR survey, Afcons is ranked in the Top 140 international Contractors globally; 12th in Bridges and 14th in Marine & Ports. The company has a market cap of over Rs 15,000 crore and as of March 31, 2025, the order book stands at Rs 36,869 crore excluding lowest bidder (L1) orders. The stock is up by 13.6 per cent from its 52-week low of Rs 382.40 per share.

Disclaimer: The article is for informational purposes only and not investment advice.