MoneyWorks4Me

Ashoka Buildcon receives LoI for power distribution projects in various districts of Bihar

07 Dec 2016 Evaluate

Ashoka Buildcon has received Letters of Intent (LoI) worth Rs 949.88 crore for the various projects from North and South Bihar Power Distribution Co. The company has bagged rural electrification works of Sitamarhi, West Champaran, Munger, Patna and Sasaram districts in Bihar under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY).

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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