Deals2 Oct 2024, 03:55 pm
Ashoka Buildcon Secures MMRDA Contracts Worth Rs.1263.76 Crores
AI Summary
Ashoka Buildcon Ltd. has been awarded Letters of Award from Mumbai Metropolitan Region Development Authority (MMRDA) for two projects. The first project involves design and construction of Creek Bridge from Kolshet to Kalhar for Rs.288.18 Crore. The second project is for design and construction of Creek Bridge from Gaimukh to Payegaon for Rs.975.58 Crore. The total contract value is Rs.1263.76 Crores. The time period for execution is 36 months for the first project and 42 months for the second project, including monsoon periods.
Key Highlights
- Ashoka Buildcon Ltd. secures two contracts from MMRDA worth Rs.1263.76 Crores.
- The first project is for design and construction of Creek Bridge from Kolshet to Kalhar for Rs.288.18 Crore.
- The second project is for design and construction of Creek Bridge from Gaimukh to Payegaon for Rs.975.58 Crore.
- The projects are to be completed in 36 and 42 months respectively, including monsoon periods.
- This announcement is in continuation to the earlier disclosure dated August 03,2024, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.