MoneyWorks4Me

Ashoka Buildcon emerges lowest bidder for two projects in Uttar Pradesh

05 Apr 2018 Evaluate

Ashoka Buildcon has emerged as the lowest bidder for two electrification works projects in Uttar Pradesh, at the Financial Bid opening meeting held at Agra. The aggregate quoted price for two projects is Rs 759.84 crore.

The first project is for the electrification work in Etah and Kashiram Nagar (Kasganj) District and quoted Bid Project Cost for this is Rs 320.92 crore.

The second project is for the electrification work in Kannoj, Farrukhabad and Etawa District and quoted Bid Project Cost for this is Rs 438.92 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 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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