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MoneyWorks4Me

Ashoka Buildcon wins orders worth Rs 401.59 crore

26 Feb 2016 Evaluate

Ashoka Buildcon has received Letters of Acceptance (LoA) for the Projects floated by State Highways Authority of Jharkhand. The company has received LoAs for construction, rehabilitation and two laning with paved shoulders of Govindpur - Tundi - Giridih Road in the State of Jharkhand and for construction, rehabilitation and two laning with paved shoulders of Dumka - Hansidha Road in the State of Jharkhand. The accepted bid value of the projects is Rs 401.59 crore. These Projects will be funded by Asian Development Bank (ADB).

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 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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