STOCKWATCH

Afcons Infrastructure Emerges as L1 Bidder for Pune Ring Road Packages E5 & E7

Afcons Infrastructure Limited has emerged as the Lowest bidder (L1) for the tender invited for the work of construction of the Access Controlled Pune Ring Road (East) Packages PRR E5 and E7 by the Maharashtra State Road Development Corporation Ltd. (MSRDC). The project cost for Package E5 is Rs. 2,718.50 crores and for Package E7 is Rs. 2,068.70 crores, making the total project cost Rs. 4,787.20 crores. The project will be completed in 36 months excluding GST.

• Afcons Infrastructure Limited has emerged as L1 bidder for the Pune Ring Road Packages E5 & E7
• The total project cost is Rs. 4,787.20 crores
• Package E5 cost is Rs. 2,718.50 crores and Package E7 cost is Rs. 2,068.70 crores
• The project will be completed in 36 months excluding GST
• The project is awarded by the Maharashtra State Road Development Corporation Ltd. (MSRDC)