India in the past couple of years had seen big-ticket projects taking off. Adding of new Metro rail lines in different cities have opened up more extensive opportunities for infrastructure companies. Not only metro, the new airports, highways, expansion of railway network, high-speed railway corridor, ports, etc. have offered increased opportunities for these companies. Indian infrastructure companies over the past decade have grown beyond the geographical boundaries. As it is our 5th-anniversary issue, we decided to feature the best five companies in alphabetical order in this segment.
Founded in 1959 and based in Mumbai, AFCONS Infrastructure Limited operates as a subsidiary of Shapoorji Pallonji & Co., Ltd. AFCONS Infrastructure Limited functions as engineering, construction, rehabilitation, and infrastructure company in India and internationally.
It operates and provides services in the sector of bridges, flyovers and viaducts, marine works, roads construction, general civil engineering works, industrial structures, power project, pipeline, tunnels, and intake and outfall structures. The company handles various projects, such as jetties, breakwater, docks, harbours, and cofferdams, along with special foundations, which includes drilling and grouting, ground anchors, micro piling, and soil exploration works. It serves various projects in Iraq, Saudi Arabia, Oman, Qatar, Yemen, Ethiopia, Sri Lanka, and Nepal. AFCONS Infrastructure Limited was formerly known as Asia Foundations and Construction Limited and changed its name in August 1996. Shapoor Mistry is the Chairman of AFCONS.
Adani Ports and Special Economic Zone LTD.
Adani Ports and Special Economic Zone Limited (Adani Ports & SEZ) is India’s largest private multi-port operator and India-based port infrastructure company. It is a part of the Adani Group, an integrated infrastructure corporation. The Company is involved in the business of developing, operating and preserving the Port and Port-based related infrastructure facilities,which includes the Multi-product Special Economic Zone (SEZ), Dredging and Reclamation solutions, primarily for port and harbor construction.
Its segments include Port and SEZ Activities, other segment which mainly includes Aircraft Operating Income and Services. Its port services include marine, handling intra-port transport, storage, other value-added and evacuation services for a range of customers, primarily terminal operators, shipping lines and agents, exporters, importers and other port users. It accounts for nearly 25% of the cargo movement in the country and operates approximately 10 ports/terminals spread across over five states of India, including Gujarat, Goa, Andhra Pradesh, Tamil Nadu and Odisha. Karan Adani is the current CEO of the company.
L&T Infrastructure Development Projects Limited (L&T IDPL)
L&T Infrastructure Development Projects Limited (L&T IDPL) is a pioneer of the Public-Private-Partnership (PPP) model of development in India, which involves the development of infrastructure projects by private sector players in partnership with the Central and State Governments.
L&T IDPL is a subsidiary of Larsen & Toubro, which is a major Indian multinational in technology, engineering, construction, manufacturing and financial services, with global operations. Since its inception in 1995, L&T IDPL has completed landmark infrastructure projects across key sectors like Roads, Bridges, Ports, Airports, Water Supply, Hydel Energy and Urban Infrastructure. It is one of India’s biggest road developers as measured by lane kilometres. In addition to its current infrastructure portfolio, L&T IDPL has installed Wind Energy Generators (WEGs) with a capacity of 8.7 MW in Udumalpet and Tirunelveli districts of Tamil Nadu in March 2010.
L&T IDPL also won the contract of Delhi International Airport Limited (DIAL) of more than Rs 9,500 crore to almost double the capacity of the airport in the next three years. And entrusted with the entire engineering, procurement and construction (EPC) work. S. N. Subrahmanyan is the CEO of L&T, and R. Shankar Raman is the Non-Executive Chairman of L&T IDPL.
Hindustan Construction Company Limited
Hindustan Construction Company Ltd or HCC Limited is a public-private company headquartered in Mumbai, Established in the year 1926, HCC’s businesses span the sectors of Engineering & Construction, Real Estate, Infrastructure, Urban development & Management.
The HCC group of companies comprises HCC Ltd., and its subsidiaries HCC Real Estate Ltd, HCC Infrastructure Co. Ltd, Lavasa Corporation Ltd, Steiner AG in Switzerland and Highbar Technologies Ltd.
HCC Ltd. executes large-scale infrastructure projects and civil engineering works such as hydel power plants, nuclear power plants, expressways and highways, tunnels and bridges. HCC currently operates in the infrastructure sectors of transportation, power and water. HCC was the first construction company in India to be certified for ISO 9001, ISO 14001 and OHSAS 18001 for its quality, environmental and occupational health and safety management systems Arjun Dhawan is the current CEO of HCC
Tata Projects, established in the year 1979, is one of the major infrastructure companies in India with expertise in executing large and complex urban and industrial infrastructure projects. TATA Projects Ltd provides turnkey solutions for the construction of roads, bridges, fully integrated rail & metro systems, commercial building & airports and setting up power generation plants, power transmission & distribution systems, chemical process plants, water and waste management and complete mining and metal purification systems.
Tata Projects over the years have achieved a turnover of INR 1,30,000 million in FY 19 (Projected). The company had bagged a contract of Rs 5,612 crore project to design and construct part of the Mumbai trans-harbour link, India’s largest sea bridge – Mumbai to Navi Mumbai sea link project – in a joint venture with Daewoo of South Korea on December 2017. B. Agarwala is the current Chairman, and Vinayak Deshpande is the Managing Director of TATA Projects.