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Ashoka Buildcon stock secures EPC contracts worth Rs 1,738 crore

Infrastructure  -  Oct 04,2024  - 

Ashoka Buildcon has received a letter of award for a project worth Rs 474.10 crore from the Mumbai Metropolitan Region Development Authority (MMRDA).

The project involves the design and construction of an elevated road from Kalyan Murbad Road (Palms Water Resort) to Badlapur Road (Jagdish Dughdhalaya) to Pune Link Road parallel to Waldhuni River Crossing over Karjat-Kasara Railway Line including slip road.

The order has to be completed within 30 months including the monsoon period, Ashoka Buildcon Informed in an exchange filing.

Additionally, the infra firm bagged two more letters of award for contracts worth Rs 1,264 crore.

These include the design and construction of a creek bridge from Kolshet to Kalher and another from Gaimukh to Payegaon.

These projects are to be completed within 36 months and 42 months, respectively, including the monsoon period.

Ashoka Buildcon Limited, a Fortune India 500 company, is a major player in highway development in India, involved in Engineering, Procurement, and Construction (EPC), Build-Operate-Transfer (BOT), and Hybrid Annuity Model (HAM) projects.

 

Company : Mumbai Metropolitan Region Development Authority (MMRDA)