Afcons Infrastructure Wins Bid for Thane Tunnel Project

28 Jun 2024 CW Team

Afcons Infrastructure has emerged as the lowest bidder (L1) for a prestigious tunnel project in Thane. The project aims to enhance connectivity and infrastructure in the region, representing a major advancement in urban development and transportation.

The tunnel project, part of Thane's infrastructure expansion plans, is designed to alleviate traffic congestion and improve travel efficiency. Afcons Infrastructure's successful bid underscores its expertise and capabilities in executing complex engineering projects.

The bid process was competitive, with Afcons Infrastructure demonstrating competitive pricing and technical proficiency in tunnel construction. The company's selection reflects its commitment to delivering high-quality infrastructure solutions that meet the region's growing transportation needs.

The Thane tunnel project is expected to significantly reduce travel time and enhance connectivity between key areas, benefiting commuters and boosting economic activities in the region. It aligns with government initiatives to modernise urban infrastructure and improve livability standards.

Afcons Infrastructure's role as the L1 bidder positions it to lead the project's implementation phase, ensuring adherence to timelines and quality standards. The company's track record in delivering infrastructure projects of national importance reinforces confidence in its ability to successfully execute the Thane tunnel project.

As preparations for the project commence, stakeholders anticipate positive impacts on traffic management, environmental sustainability, and overall urban development in Thane. The project's successful completion is anticipated to set a benchmark for future infrastructure initiatives in the region.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..