MoneyWorks4Me

Ashoka Buildcon receives LoA for Project worth Rs 1,079.52 crore

29 Nov 2019 Evaluate

Ashoka Buildcon has received Letter of Award (LoA) from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) in respect of the Project viz. Development of Bundelkhand Expressway Project (Package-III): From Kaohari to BaroliKharka (Km 100 plus 000 to Km 149 plus 000) in the State of Uttar Pradesh on EPC Basis. The accepted bid value of the Project is Rs 1,079.52 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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