Afcons Wins ₹700 Crore Contract for RIL’s Vinyl Project in Dahej, Gujarat
By HDFC SKY | Updated at: Jun 7, 2025 06:02 PM IST
MUMBAI, June 7, 2025 — Afcons Infrastructure Limited (BSE: 544280, NSE: AFCONS) has announced the receipt of a Letter of Award (LoA) from Reliance Industries Limited (RIL) for the execution of construction works tied to RIL’s upcoming Vinyl Projects in Dahej, Gujarat.
Key Project Highlights
| Particulars | Details |
|---|---|
| Client | Reliance Industries Limited |
| Location | Dahej, Gujarat |
| Scope of Work | Civil, mechanical, installation, testing & commissioning works |
| Estimated Contract Value | ₹700 crore (excluding GST)* |
| Completion Timeline | End of June 2026 |
| Payment Terms | Based on actual value of work executed as per BOQ |
“The above contract value is an indicative value and the payment shall be made as per the actual value of the work executed,” Afcons stated in its official filing.
About Afcons Infrastructure Ltd.
Afcons Infrastructure Ltd., a part of the Shapoorji Pallonji Group, is one of India’s premier engineering and construction companies with decades of experience in executing large-scale infrastructure projects. Headquartered in Mumbai, Afcons specializes in marine works, metros, tunnels, roads, bridges, and oil & gas infrastructure. The company has executed complex, high-value projects across over 25 countries and is known for its engineering excellence and commitment to timely delivery.
About Reliance Industries Ltd.
Reliance Industries Limited (NSE: RELIANCE, BSE: 500325) is India’s largest private sector corporation with diverse operations spanning petrochemicals, refining, oil & gas exploration, retail, digital services, and new energy. Headquartered in Mumbai, RIL has consistently led India’s industrial growth through its scale, innovation, and integration. The company’s Dahej manufacturing complex is a key site for its petrochemical and vinyl production capabilities.
This project win marks a significant milestone in Afcons’ collaboration with RIL and reinforces its position as a trusted EPC partner for complex industrial infrastructure in India.
REF: https://nsearchives.nseindia.com/corporate/AFCONS_07062025133315_Afcons_Intimation_of_LOA_Dahej__Gujarat.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
