
Deals11 Nov 2026, 11:49 am
Ashoka Buildcon Wins Bhutan Solar Project Worth $58.9M
AI Summary
Ashoka Buildcon Limited has received a Letter of Acceptance (LOA) from Druk Green Power Corporation Limited, Bhutan, for the 'Design, Supply, Installation, Testing & Commissioning of 120 MWp Wobthang Solar PV Power Plant'. The contract is valued at USD 58,900,976.45. The project is to be executed on a Design Build mode and has a completion period of 18 months from the date of commencement. A defect liability period of 24 months is also stipulated. This international project marks a significant business development for Ashoka Buildcon.
Key Highlights
- Secured international contract from Bhutan's Druk Green Power Corporation.
- Project involves a 120 MWp solar PV power plant.
- Contract value stands at USD 58,900,976.45.
- Execution timeline is 18 months with a 24-month defect liability period.
Price Impact
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