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Ashoka Buildcon bags order worth Rs 282.73 crore

11 May 2017 Evaluate

Ashoka Buildcon has received Letters of Intent (LoI) from Jharkhand Bijli Vitran Nigam (JBVNL) for execution of Urban Electrification works for Ranchi and Medininagar Towns in the State of Jharkhand and Electric supply area covering 12 Towns in the State of Jharkahand under Integrated Power Development Scheme (IPDS). IPDS is the flagship program of Government of India, Ministry of Power and funded by Power Finance Corporation. The aggregate value of the above work is Rs 282.73 crore.

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 3861.05
Kalpataru Projects 1395.00
NCC 131.60
Rail Vikas Nigam 206.30
KEC International 392.55
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