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Ashoka Buildcon executes EPC agreement with Serneke International, Sweeden

06 Jun 2024 Evaluate

Ashoka Buildcon has executed Engineering, Procurement and Construction (EPC) Agreement with Serneke International Group AB, Sweeden, for the Project floated by Baran International for Construction of 100 drinking water wells and supply and installation of drinking water supply unit in 35 villages of Ivory Coast. 

The said project is to be completed by October 31, 2026 or such other date as may be agreed between the Parties. The Accepted Bid Price is Euro 18.50 million excluding Custom Duty, VAT, withholding tax etc. on Item Rate plus escalation basis. 

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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