Afcons Infrastructure Limited has secured a major international railway infrastructure project in Europe, marking the company’s entry into the European market and becoming its largest overseas order to date.
The company announced that it has received intimation from the client confirming its selection as the most suitable bidder for the rehabilitation and construction of a railway line in Europe.
The project is valued at €677.07 million excluding taxes, which translates to nearly ₹7,544 crore.
The order represents a major step in Afcons Infrastructure’s international expansion strategy and further strengthens its global engineering and construction portfolio.
As per the exchange filings, Krishnamurthy Subramanian, Executive Chairman of Afcons Infrastructure Limited, said, “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.
We are proud to contribute to the modernization of a railway network in a European country, and this achievement further strengthens our position as a trusted partner in international infrastructure development.”
According to S Paramasivan, Managing Director of Afcons Infrastructure Limited, stated, “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.). It contributes to and follows the vision of the Honourable Prime Minister of India, i.e. ‘Making for the World’.”
Afcons Infrastructure is the flagship engineering and construction business of the Shapoorji Pallonji Group and has over 6 decades of experience in executing large-scale EPC projects across sectors.
The company operates in both domestic and international markets and has developed expertise in technically demanding infrastructure projects.
According to the latest ENR rankings, Afcons is placed among the top 140 international contractors globally. The company is also ranked 12th in bridges and 8th in marine and ports infrastructure.
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As of 12 May 2026, at 9:26 AM, Afcons Infrastructure Limited share price is trading at ₹341.40 per share, reflecting a gain of 4.52% from the previous closing price.
Afcons Infrastructure’s latest European railway project strengthens its international order book and marks a significant expansion of the company’s global infrastructure execution capabilities.
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Published on: May 12, 2026, 10:05 AM IST
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