Project Update24 Apr 2026, 12:42 pm
Ashoka Buildcon Wins $72.36 Mn Angola Project
AI Summary
Ashoka Buildcon Limited has received a Letter of Contract Acceptance from the Ministry of Energy and Water, Republic of Angola, for the 'Electricity Sector Improvement and Access Project'. The accepted bid cost for the project is USD 72,359,639.46. The project involves the design, supply, installation, and commissioning of the rehabilitation of distribution networks for Lot 5 Luanda City 2, in Angola and is expected to be executed over 24 months.
Key Highlights
- Ashoka Buildcon secures 'Electricity Sector Improvement and Access Project' in Angola.
- The project's accepted bid cost is USD 72,359,639.46.
- Project involves rehabilitation of distribution networks in Luanda City.
- The project is to be executed within a time period of 24 months.
- The order was awarded by an international entity, the Ministry of Energy and Water, Angola.