Ashoka Buildcon receives LoA worth Rs 692.50 crore

24 Feb 2022 Evaluate

Ashoka Buildcon has received Letter of Acceptance (LoA) for the Project viz. 'Electrification of Railway Lines of the sections Rangiya (Excl.)- Murkongselek including branch lines of Rangapara North (Excl.)-Dekargaon, Balipara(Excl.)- Bhalukpong, Harmuty (Excl.)-Naharlagun, Sripani-Dhamalgaon(Excl), Furkating Jn.(Excl.) to Mariani Jn.(Excl.) and Tinsukia to Dangri Section including branch line of Makum Jn to Tirap, Northeast Frontier Railway RKM/TKM -733.35 /947.59 on EPC mode' in the State of Assam. The accepted offer of the Project is Rs 692.50 crore. The contract period is 900 days.

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.

Ashoka Buildcon Share Price

158.65 -0.85 (-0.53%)
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Peers
Company Name CMP
Larsen & Toubro 3774.10
Rail Vikas Nigam 252.95
KEC International 694.00
Kalpataru Projects 1075.45
NCC 232.40
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