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Ashoka Buildcon informs about receipt of letters of intent for projects

07 Jan 2023 Evaluate

Ashoka Buildcon has informed that the Company had submitted its bid to the Dakshinanchal Vidyut Vitran Nigam (‘Authority’) for the following Projects: 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; and 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 Company has received Letters of Intent from the Authority. The aggregate accepted Bid Project Value for the Projects is Rs.807.64 Crore.

The above information is a part of company’s filings submitted to BSE.

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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