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Ashoka Buildcon receives LoA from Dakshinanchal Vidyut Vitran Nigam for two projects in Uttar Pradesh

07 Jan 2023 Evaluate

Ashoka Buildcon has received Letters of Intent (LoA) from the Dakshinanchal Vidyut Vitran Nigam for two projects in Uttar Pradesh. The first project is for development of distribution infrastructure at Aligarh-2 zone (electricity distribution circle Etah & Kasganj, District-Etah & Kasganj) of Uttar Pradesh State under revamped reforms-based and results-linked, distribution sector scheme- GPS survey, design, supply, installation, GIS, Assest mapping, Testing and Commissioning of works related to loss reduction on turnkey basis under RDSS.

The another project is for development of Distribution Infrastructure At Agra-1 Zone (Electricity Distribution Circle EDC Fatehabad, EDC Mainpuri, EDC Firozabad, EUDC Firozabad), District Agra, Mainpuri & Firozabad of Uttar Pradesh State Under Revamped Reforms-Based And Results-Linked, Distribution Sector Scheme. The aggregate accepted bid project value for the projects is Rs 807.64 crore.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.

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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