Deals1 Jun 2024, 05:32 pm
ASHOKA BUILDCON LTD. Emerges as Lowest Bidder for Two Maharashtra State Road Development Corporation Ltd. Projects Worth Rs.794.85 Crores and Rs.1,357.87 Crores
AI Summary
ASHOKA BUILDCON LTD. has emerged as the lowest bidder for two projects of Maharashtra State Road Development Corporation Ltd. The first project involves the construction of a major bridge across Jaigad Creek in Ratnagiri District, Maharashtra, with a quoted bid price of Rs.794.85 Crores. The second project involves the construction of a major bridge across Kundalika Creek between Revdanda and Salav on Revas Coastal Highway (SH No. 5 in the State of Maharashtra), with a quoted bid price of Rs.1,357.87 Crores. Both projects are to be executed in 36 calendar months including monsoon. The promoter/promoter group/group companies do not have any interest in the entity that awarded the order.
Key Highlights
- ASHOKA BUILDCON LTD. emerges as lowest bidder for two Maharashtra State Road Development Corporation Ltd. projects.
- The first project involves the construction of a major bridge across Jaigad Creek with a quoted bid price of Rs.794.85 Crores.
- The second project involves the construction of a major bridge across Kundalika Creek with a quoted bid price of Rs.1,357.87 Crores.
- Both projects are to be executed in 36 calendar months including monsoon.
- The promoter/promoter group/group companies do not have any interest in the entity that awarded the order.