Deals11 Oct 2024, 11:22 pm
Ashoka Buildcon Secures Rs. 1,673.25 Crore Contract from CIDCO
AI Summary
Ashoka Buildcon Limited has been awarded a Letter of Acceptance (LOA) for a project from City & Industrial Development Corporation of Maharashtra Limited (CIDCO). The project, valued at Rs. 1,673.25 Crore (excluding GST), is a Joint Venture where Ashoka Buildcon is the Lead Member. The project involves Integrated Infrastructure Development of 20M & above wide Roads, Construction of Various Major & Minor Structures, and Allied Electrical Works in TPS - 10 & TPS - 11 under NAINA Project. The project is to be executed over a period of 1460 days including monsoon.
Key Highlights
- Ashoka Buildcon secures a significant project from CIDCO worth Rs. 1,673.25 Crore (excluding GST).
- The project is a Joint Venture with Ashoka Buildcon as the Lead Member.
- The project involves Integrated Infrastructure Development of 20M & above wide Roads, Construction of Various Major & Minor Structures, and Allied Electrical Works in TPS - 10 & TPS - 11 under NAINA Project.
- The project is to be executed over a period of 1460 days including monsoon.
- This is a significant step for Ashoka Buildcon in expanding its infrastructure projects portfolio.