Deals3 Jan 2025, 05:23 pm
Afcons Infrastructure Ltd Secures Rs. 1084.54 Cr Contract from DRDO for Ship Lift Facility Augmentation
AI Summary
Afcons Infrastructure Ltd has received a Letter of Intent from the Govt of India, Ministry of Defence, Defence Research and Development Organisation (DRDO) for the execution of work related to the augmentation of MTC, creation of SAF, and workshop equipment for the ship lift facility (AMCSWF) at Visakhapatnam. The contract is worth Rs. 1084.54 Cr (including GST) and the time period for execution is 36 months.
Key Highlights
- Contract worth Rs. 1084.54 Cr (including GST) awarded to Afcons Infrastructure Ltd by DRDO
- Work to be executed over a period of 36 months
- Project involves augmentation of MTC, creation of SAF, and workshop equipment for the ship lift facility at Visakhapatnam