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Ashoka Buildcon emerges as Lowest Bidder for two projects in Maharashtra

01 Jun 2024 Evaluate

Ashoka Buildcon has emerged as Lowest Bidder (L1) for the two projects of Maharashtra State Road Development Corporation. The company has emerged as L1 for construction of Major Bridge across Jaigad Creek between Tawsal and Jaigad on Revas Reddi Coastal Highway (SH (special) No. 5 in Ratnagiri District on EPC Mode in state of Maharashtra’. The quoted bid price of the said project is Rs 794.85 crore plus applicable GST. 

The company has also has emerged as L1 for construction of Major Bridge across Kundalika Creek between Revdanda to Salav on Revas Reddi Coastal Highway (SH (Special) No. 5 in Ratnagiri District in the State of Maharashtra. The quoted bid price of the said project is Rs 1357.87 crore plus applicable GST. 

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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