Afcons Infrastructure Ltd bags ₹5,301 crore contract for Vadhvan Port breakwater project.

Afcons Infrastructure Ltd recently announced that it has secured a ₹5,301 crore contract from Vadhvan Port Project Limited (VPPL) for the construction of a 10.14-km-long breakwater at the upcoming Vadhvan Port, marking a major step forward in the development of the greenfield port project.

Once completed, the breakwater is expected to become the second-longest of its kind globally. The company said the project highlights India’s growing capability in executing large-scale and complex maritime infrastructure.

“This project showcases India’s growing expertise in executing complex infrastructure on a global scale,” said S. Paramasivan, Managing Director of Afcons Infrastructure.

VPPL, a special-purpose vehicle majority-owned by the Jawaharlal Nehru Port Authority, is responsible for developing the ₹76,220 crore Vadhvan Port project.

Earlier, industry reports had indicated that Afcons emerged as the lowest bidder for the contract with a bid of about ₹5,111 crore. It was followed by a consortium of Larsen & Toubro Ltd and Netherlands-based Archirodon Group, which quoted ₹5,383 crore, while a joint venture involving Cemindia Projects Ltd, Renew Exim DMCC (part of the Adani Group ecosystem), and NMDC Dredging & Marine came in at ₹5,394 crore.

The company’s Executive Chairman Krishnamurthy Subramanian said the Vadhvan breakwater will act as a strategic enabler in India’s ambition to emerge as a global maritime hub.