MoneyWorks4Me

Ashoka Buildcon receives Letter of Acceptance from Fahi Dhiriulhun Corporation

28 May 2021 Evaluate

Ashoka Buildcon has received Letter of Acceptance from Fahi Dhiriulhun Corporation, a State-owned company of the Government of the Republic of the Maldives, for the Project viz. 'Design and Construction of 2000 Social Housing Units in Hulhumale', Republic of Maldives' on Engineering, Procurement and Construction (EPC) basis. The total value for this project is estimated to be around $140.33 Million (Rs 1018.36 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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