Deals13 Oct 2024, 01:19 am
Ashoka Buildcon Secures Rs. 310 Crore Major Bridge Construction Project from MSRDCL
AI Summary
Ashoka Buildcon Ltd. has announced that it has received a Letter of Acceptance from Maharashtra State Road Development Corp. Ltd. (MSRDCL) for the construction of a major bridge across Bankot Creek between Kolmandla, District Raigad to Veshvi on Revas Reddi Coastal Highway (SH No. 5) in Ratnagiri District on EPC Mode. The project is worth Rs. 310.00 Crores, excluding GST. The project is to be executed within 36 calendar months, including the monsoon period.
Key Highlights
- Ashoka Buildcon Ltd. has been awarded a major bridge construction project worth Rs. 310.00 Crores from MSRDCL.
- The project involves the construction of a major bridge across Bankot Creek between Kolmandla, District Raigad to Veshvi on Revas Reddi Coastal Highway (SH No. 5) in Ratnagiri District on EPC Mode.
- The project is to be executed within 36 calendar months, including the monsoon period.
- The project is awarded by a domestic entity, MSRDCL.
- The project does not fall under Related Party Transactions.