Latest news with #AfconsInfrastructure
Yahoo
11-06-2025
- Business
- Yahoo
Afcons Infrastructure completes single-arch railway bridge in India's Himalayas
Afcons Infrastructure, a division of the Shapoorji Pallonji Group, has completed the construction of the Chenab Railway Bridge, a single-arch railway bridge in the Himalayan terrain of India. The bridge is claimed to be the world's highest single-arch railway bridge, according to the company. It connects the Kashmir Valley to the Indian subcontinent by rail for the first time and is designed to endure earthquakes and bomb blasts. The bridge, part of India's Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project, has a design life of 120 years. It spans 1.3km and incorporates features to withstand extreme wind speeds of up to 266km/h and seismic forces, reflecting the highest engineering standards, according to the company. Afcons executive vice chairman Krishnamurthy Subramanian said: 'The Chenab Railway Bridge is more than just a marvel of engineering. It is a symbol of India's resolve to conquer the most formidable challenges with ingenuity and courage.' The bridge's design includes built-in redundancy, ensuring it remains operational even in the event of damage to a pier or trestle, with a restricted speed of 30km/h without collapsing under its own weight. To construct the Chenab Railway Bridge, Afcons utilised advanced construction technologies and equipment, including the world's largest-capacity crossbar cable cranes. The project introduced several engineering firsts for Indian Railways, such as the use of Phased Array Ultrasonic Testing (PAUT) for weld inspection and the establishment of an onsite NABL-accredited testing laboratory. Additionally, it marked the first implementation of the incremental launching of a deck structure on combined circular and transition curves. Afcons managing director S Paramasivan said: 'For Afcons, it represents our unwavering commitment to nation-building and our ability to reimagine infrastructure in the toughest terrains. 'This bridge will inspire generations of engineers and stands as a tribute to the power of Indian engineering and teamwork.' "Afcons Infrastructure completes single-arch railway bridge in India's Himalayas" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
10-06-2025
- General
- Yahoo
Afcons completes world's highest single-arch railway bridge in India
Afcons Infrastructure, the engineering and construction division of Indian conglomerate Shapoorji Pallonji Group, has completed what is said to be the world's highest single-arch railway bridge in the Himalayan terrain of India. Rising at 359m above the river, the new Chenab Railway Bridge surpasses the height of the Eiffel Tower by 35m and connects the Kashmir Valley to the Indian subcontinent by rail for the first time. The 1.3km-long bridge is part of India's Udhampur-Srinagar-Baramulla Rail Link Project. In a statement announcing the development, Afcons said the bridge is designed to endure 'Zone-V' earthquakes, bomb blasts, and wind speeds of up to 266km/h and is built to last 120 years. The bridge's construction involved the use of the world's reportedly largest-capacity crossbar cable cranes, custom-designed for the project. The pylon height of the cable crane at the Srinagar end is 127m, indicative of the approaches employed to overcome the challenges of the remote and geologically complex Himalayan region. The bridge is stated to feature built-in redundancy, ensuring that it can continue to operate and maintain structural integrity even in the event of a pier or trestle being compromised, the Afcons statement added. The project also saw multiple firsts for Indian Railways, including the use of phased array ultrasonic testing for weld inspection and the establishment of an on-site National Accreditation Board for Testing and Calibration Laboratories-accredited testing laboratory. Additionally, the bridge is said to have included the first-ever execution of incremental launching of a deck structure on combined circular and transition curves on Indian Railways. Afcons executive vice-chair Krishnamurthy Subramanian said: "The Chenab Railway Bridge is more than just a marvel of engineering. It is a symbol of India's resolve to conquer the most formidable challenges with ingenuity and courage." Afcons managing director S Paramasivan said: "For Afcons, it represents our unwavering commitment to nation-building and our ability to reimagine infrastructure in the toughest terrains. "This bridge will inspire generations of engineers and stands as a tribute to the power of Indian engineering and teamwork." "Afcons completes world's highest single-arch railway bridge in India" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
10-06-2025
- Business
- Mint
Afcons Infra shares: Chenab Bridge inauguration puts focus on this Shapoorji Pallonji Group stock. Time to buy?
Afcons Infrastructure share price in focus: Afcons Infrastructure shares have been on the rise, gaining over 6% in three sessions, as investors cheered the company's role in constructing the iconic Chenab Bridge in Jammu and Kashmir, the world's highest railway bridge. The feat has drawn fresh attention to the Shapoorji Pallonji Group company, further boosted by multiple new order wins and a strengthening order book. Situated at a height of 359 meters above the Chenab River and built at a cost of ₹ 1,486 crore, the bridge is 35 meters taller than the iconic Eiffel Tower in Paris. It was inaugurated on Friday by Prime Minister Narendra Modi, along with the Anji Khad Bridge and the Udhampur-Srinagar-Baramulla Rail Link. Overcoming the initial challenges posed by the remote, mountainous terrain of the Himalayas, transporting equipment and materials to the site was a major hurdle. Afcons initially depended on mules and horses to access the location before eventually constructing temporary roads to ease the movement of men and machinery. As the iconic Chenab Rail Bridge garners global attention, one of the key contributors to its successful construction is Professor G. Madhavi Latha, a geotechnical expert from the Indian Institute of Science (IISc), Bengaluru, who was associated with the project for 17 years. G. Madhavi Latha worked closely with Afcons, the contractor of the bridge, in the planning, design, and construction of the structure, focusing on the obstacles posed by the terrain. Her commitment to the project has earned widespread praise, with congratulatory messages flooding social media—from Andhra Pradesh Chief Minister N. Chandrababu Naidu to Mahindra Group Chairman Anand Mahindra. Across platforms, people are applauding G. Madhavi Latha's crucial role in making this engineering marvel a reality. Amid the praise following the Chenab Bridge inauguration, Professor G. Madhavi Latha took to LinkedIn to express gratitude and clarify her role. She credited Indian Railways and Afcons for the project's success, highlighting the contributions of thousands behind the scenes. Downplaying media labels like 'the woman behind the mission,' she urged the public to recognise the many unsung heroes behind the engineering feat. Meanwhile, she recently published a paper in the Indian Geotechnical Journal's women's special issue titled 'Design as You Go: The Case Study of Chenab Railway Bridge.' The paper describes how the design of the bridge has evolved continuously, with the overall structure, location, and type being the only constants to suit the geological conditions of the site. The company has expanded its order book significantly in recent weeks, securing multiple new contracts — including a ₹ 700 crore order from Reliance Industries on Saturday. According to the company, this order involves construction work related to the Vinyl Projects at Dahej, Gujarat. Prior to this, on May 30, the company was declared the lowest bidder (L1) for a water supply project covering 353 villages in the Dungarpur district. The project, titled 'Kadana Back Water (Mahi Dam) Package-1,' is valued at ₹ 463.50 crore. Afcons Infrastructure debuted on Indian stock exchanges in November last year, with its shares listing at ₹ 426.00 apiece, an 8% discount to the issue price of ₹ 463.00, as the IPO saw lukewarm demand from retail investors. Since its listing, the stock has remained volatile. At the current trading price of ₹ 447 apiece, it is down about 3.5% from the IPO price and nearly 21.6% below its recent high of ₹ 570. Despite the stock's lack of clear upward direction, analysts remain optimistic about the company's growth prospects, citing its growing order book, strong track record in executing complex and unique EPC projects both in India and abroad, and stable financial performance over the years. Commenting on the outlook for the stock, Jigar S Patel, Senior Manager - Technical Research, Anand Rathi Shares and Stock Brokers, said Afcons has recently broken above the key resistance level of 440, which coincides with the monthly R3 Camarilla pivot, indicating a potential shift in momentum. "If the stock manages to sustain above 440 for the next 2–3 sessions, it could pave the way for an upward move towards 480. In the short term, support is seen near 430, while resistance lies around 460," Patel said.
Mint
10-06-2025
- Business
- Mint
Afcons Infra shares: Chenab Bridge inauguration puts focus on this Shapoorji Pallonji Group stock
Afcons Infrastructure share price in focus: Afcons Infrastructure shares have been on the rise, gaining over 6% in three sessions, as investors cheered the company's role in constructing the iconic Chenab Bridge in Jammu and Kashmir, the world's highest railway bridge. The feat has drawn fresh attention to the Shapoorji Pallonji Group company, further boosted by multiple new order wins and a strengthening order book. Situated at a height of 359 meters above the Chenab River and built at a cost of ₹ 1,486 crore, the bridge is 35 meters taller than the iconic Eiffel Tower in Paris. It was inaugurated on Friday by Prime Minister Narendra Modi, along with the Anji Khad Bridge and the Udhampur-Srinagar-Baramulla Rail Link. Overcoming the initial challenges posed by the remote, mountainous terrain of the Himalayas, transporting equipment and materials to the site was a major hurdle. Afcons initially depended on mules and horses to access the location before eventually constructing temporary roads to ease the movement of men and machinery. As the iconic Chenab Rail Bridge garners global attention, one of the key contributors to its successful construction is Professor G. Madhavi Latha, a geotechnical expert from the Indian Institute of Science (IISc), Bengaluru, who was associated with the project for 17 years. G. Madhavi Latha worked closely with Afcons, the contractor of the bridge, in the planning, design, and construction of the structure, focusing on the obstacles posed by the terrain. Her commitment to the project has earned widespread praise, with congratulatory messages flooding social media—from Andhra Pradesh Chief Minister N. Chandrababu Naidu to Mahindra Group Chairman Anand Mahindra. Across platforms, people are applauding G. Madhavi Latha's crucial role in making this engineering marvel a reality. Amid the praise following the Chenab Bridge inauguration, Professor G. Madhavi Latha took to LinkedIn to express gratitude and clarify her role. She credited Indian Railways and Afcons for the project's success, highlighting the contributions of thousands behind the scenes. Downplaying media labels like 'the woman behind the mission,' she urged the public to recognise the many unsung heroes behind the engineering feat. Meanwhile, she recently published a paper in the Indian Geotechnical Journal's women's special issue titled 'Design as You Go: The Case Study of Chenab Railway Bridge.' The paper describes how the design of the bridge has evolved continuously, with the overall structure, location, and type being the only constants to suit the geological conditions of the site. The company has expanded its order book significantly in recent weeks, securing multiple new contracts — including a ₹ 700 crore order from Reliance Industries on Saturday. According to the company, this order involves construction work related to the Vinyl Projects at Dahej, Gujarat. Prior to this, on May 30, the company was declared the lowest bidder (L1) for a water supply project covering 353 villages in the Dungarpur district. The project, titled 'Kadana Back Water (Mahi Dam) Package-1,' is valued at ₹ 463.50 crore. Afcons Infrastructure debuted on Indian stock exchanges in November last year, with its shares listing at ₹ 426.00 apiece, an 8% discount to the issue price of ₹ 463.00, as the IPO saw lukewarm demand from retail investors. Since its listing, the stock has remained volatile. At the current trading price of ₹ 447 apiece, it is down about 3.5% from the IPO price and nearly 21.6% below its recent high of ₹ 570. Despite the stock's lack of clear upward direction, analysts remain optimistic about the company's growth prospects, citing its growing order book, strong track record in executing complex and unique EPC projects both in India and abroad, and stable financial performance over the years. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Business Standard
09-06-2025
- Business
- Business Standard
Afcons Infra gains after bagging Rs 700-cr RIL contract for Dahej Vinyl Project
Afcons Infrastructure added 2.10% to Rs 443 after the firm has received a letter of award (LoA) from Reliance Industries (RIL) worth Rs 700 crore for the execution of construction works related to the Vinyl Projects at Dahej, Gujarat. Shares of Reliance Industries rose 0.47% to Rs 1,450.30 on the BSE. The scope of work includes civil, mechanical and associated works with installation, testing and commissioning works. The project will be executed on a BOQ (Bill of Quantities) basis, with a scheduled completion timeline set for the end of June 2026. Afcons Infrastructure is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, a diversified Indian conglomerate. It has a legacy of over six decades, with a strong track record of executing numerous technologically complex EPC projects both within India and internationally. Reliance Industries (RIL) is the largest private sector corporation in India. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services.
