MoneyWorks4Me

Ashoka Buildcon emerges as lowest bidder for project worth Rs 291.87 crore

30 May 2014 Evaluate

Ashoka Buildcon has emerged as the lowest bidder at the bid opening meeting held on May 29, 2014, at the office of South Bihar Power Distribution Company, at Patna for the project in the state of Bihar. The cost of the project is Rs 291.87 crore.

The project is for Composite Tender for Rural Electrification works under Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) in XIIth Plan and strengthening of Distribution Network under Special Plan (BRGF) for Munger District.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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