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Ashoka Buildcon receives LoIs for two electrification work projects

17 Apr 2018 Evaluate

Ashoka Buildcon has received Letters of Intention (LoIs) from Dakshinanchal Vidyut Vitaran Nigam (DVVNL) for two electrification work projects. The accepted aggregate bid cost is Rs 756.79 crore.

The first project is for the electrification work in Etah and Kashiram Nagar (Kasganj) District and the accepted bid cost is Rs 319.63 crore.

The second project is for the electrification work in Kannoj, Farrukhabad and Etawa District and the accepted bid cost is Rs 437.16 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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