Deals3 Aug 2024, 05:41 pm
Ashoka Buildcon LTD. Emerges as Lowest Bidder for Two MMRDA Projects Worth Rs.1280.80 Crores
AI Summary
Ashoka Buildcon LTD. has been declared the lowest bidder for two projects by the Mumbai Metropolitan Region Development Authority (MMRDA). The projects involve the design and construction of a Creek Bridge from Gaimukh to Payegaon and another Creek Bridge from Kolshet to Kalher. The combined worth of these projects is Rs.1280.80 Crores (Rs.289.60 Crores plus Rs.991.20 Crores plus applicable GST). The time period for the execution of these projects is 42 months including the monsoon period for the first project and 36 months including the monsoon period for the second project.
Key Highlights
- Ashoka Buildcon LTD. is the lowest bidder for two MMRDA projects.
- The combined worth of the projects is Rs.1280.80 Crores plus applicable GST.
- The first project involves the design and construction of a Creek Bridge from Gaimukh to Payegaon and is worth Rs.289.60 Crores plus applicable GST.
- The second project involves the design and construction of a Creek Bridge from Kolshet to Kalher and is worth Rs.991.20 Crores plus applicable GST.
- The execution time for the first project is 42 months including the monsoon period, and for the second project is 36 months including the monsoon period.