Deals13 Oct 2024, 01:14 am
Ashoka Buildcon Secures Rs. 1,999.99 Crore Projects from MSRDCL
AI Summary
Ashoka Buildcon Ltd. has been awarded two projects by Maharashtra State Road Development Corp. Ltd. (MSRDCL) with a combined bid price of Rs. 1,999.99 Crore, excluding GST. The projects involve the construction of major bridges across Jaigad Creek and Kundalika Creek between Tawsal and Revdanda Jaigad on Revas Reddi Coastal Highway (SH 5) in Ratnagiri District, Maharashtra. The time period for execution is 36 calendar months, including monsoon. The projects are not related party transactions and no promoter or group companies have any interest in the entity that awarded the orders.
Key Highlights
- Ashoka Buildcon Ltd. secures two projects from MSRDCL worth Rs. 1,999.99 Crore, excluding GST.
- The projects involve the construction of major bridges across Jaigad Creek and Kundalika Creek in Maharashtra.
- The time period for project execution is 36 calendar months, including monsoon.
- The projects are not related party transactions.
- No promoter or group companies have any interest in the entity that awarded the orders.