Afcons Secures Major Railway Project in Europe

13 May 2026 CW Team

Afcons Infrastructure (Afcons) has been selected as the most suitable bidder for the rehabilitation and construction of a railway line in Europe, a contract the company describes as its largest international order to date. The project is valued at 677.07 million euros, excluding taxes, and is reported in the release as approximately Rs 75,440 million. The award underlines Afcons' long term commitment to delivering world class infrastructure across geographies.

The scope covers reconstruction of the existing track and construction of a second track, together with overhead electrification, signalling and telecommunication works. Afcons said the contract follows its strategic drive to undertake large scale, technically complex projects internationally. Company executives described the win as a significant step on the group's global journey and linked it to national initiatives promoting manufacturing for global markets.

Afcons is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group and has a legacy of over six decades with a strong track record in executing technologically complex engineering, procurement and construction projects within India and overseas. The company cited the latest Engineering News Record survey in which it is ranked among the Top 140 international contractors globally and is placed twelfth in bridges and eighth in marine and ports categories. The firm said the project will contribute to the modernisation of a European railway network and strengthen its position as a trusted partner in international infrastructure development.

The company stated that the contract will create sustainable value for stakeholders through transformative projects that connect communities and drive economic growth. Afcons said it will mobilise resources and technical expertise to meet the project timelines and regulatory requirements in the host country. Corporate communications details were provided for further information.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..