The project entails the reconstruction of the present monitor and development of a second monitor on the Dugo Selo–Novska railway line, together with overhead electrification, signalling and telecommunication works in the Republic of Croatia.
The order is valued at €677.07 million, excluding taxes, equal to round ₹7,544 crore. The corporate stated the project marks its entry into Europe and shall be its largest worldwide order to this point. Afcons had earlier knowledgeable exchanges on July 21, 2025, that it had emerged because the lowest bidder for the project.Additionally Learn: Afcons Infrastructure shares decline 4% after shopper points termination discover for €113 million contract
Krishnamurthy Subramanian, Government Chairman, Afcons Infrastructure Ltd, stated, “This milestone project marks a big step in Afcons’ international journey, with an entry into Europe. It displays our means to ship advanced, massive-scale infrastructure options throughout geographies.
We’re proud to contribute to the modernisation of a railway community in a European nation, and this achievement additional strengthens our place as a trusted companion in worldwide infrastructure growth.”
S Paramasivan, Managing Director, Afcons Infrastructure Ltd, stated, “The project entails the reconstruction of the present monitor and development of a second monitor railway line. Along with civil works, the scope contains overhead electrification, signalling, and telecommunication works.”
Additionally Learn: Afcons Infra secures ₹373 crore orders for city, metro tasks in April
Shares of Afcons Infrastructure Restricted ended at ₹327.40, down by ₹13.35, or 3.92%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
First Revealed: Could 11, 2026 4:04 PM IST
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