AFCONS Infrastructure Limited – L1 Bid Win for Nashik Ring Road Project (Package-3)
AFCONS Infrastructure Limited, a part of the Shapoorji Pallonji Group, is one of India’s leading infrastructure engineering and construction companies. Known for delivering complex transportation, marine, and urban infrastructure projects, the company continues to strengthen its presence across major infrastructure segments in India.
AFCONS Infrastructure Limited has emerged as the L1 (Lowest Bidder) for the Nashik Ring Road – Package-3 project under EPC mode, awarded by MSIDC (Maharashtra State Infrastructure Development Corporation).
This achievement marks another important milestone for AFCONS and reinforces its growing role in Maharashtra’s road infrastructure development.
Project Details
- Project Name: 4/6 Lane Nashik Ring Road (Northwest Side)
- Project Length: 12.15 km
- Project Mode: EPC (Engineering, Procurement & Construction)
- Awarding Authority: MSIDC
Financial Highlights
- Estimated Project Cost: ₹395.65 Crore
- AFCONS L1 Bid Value: ₹433.24 Crore
- Bid Difference: 9.50% above estimate
Tender Competition Overview
- L1 Bidder: AFCONS Infrastructure Limited
- L2 Bidder: SRM Contractors Limited – ₹449.06 Crore
- One bidder was disqualified due to technical non-compliance.
Project Significance
This win highlights AFCONS Infrastructure Limited’s strong bidding capability and execution experience in road infrastructure projects. The Nashik Ring Road project is expected to enhance regional connectivity, improve traffic flow, and support urban development in Maharashtra.
Frequently Asked Questions (FAQ)
Q1. What project has AFCONS won?
AFCONS has emerged as L1 for the Nashik Ring Road (Package-3) project.
Q2. What is the total length of the project?
The project covers approximately 12.15 km.
Q3. What is the project execution model?
The project is awarded under EPC mode.
Q4. What is the bid value submitted by AFCONS?
₹433.24 Crore.
Q5. Who awarded the project?
Maharashtra State Infrastructure Development Corporation (MSIDC).
Why This Win Matters
- Strengthens AFCONS’ presence in Maharashtra infrastructure projects
- Expands portfolio in national highway and ring road development
- Demonstrates strong competitive positioning in EPC projects
- Supports regional transport infrastructure growth
