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Ashoka Buildcon secures LoAs for three projects from MMRDA

03 Oct 2024 Evaluate

Ashoka Buildcon has received Letters of Award (LoAs) for three projects from Mumbai Metropolitan Region Development Authority (MMRDA).

The company has received Letter of Award worth Rs 474.10 crore plus applicable GST for Design and Construction of Elevated Road from Kalyan-Murbad Road (Palms Water Resort) to Badlapur Road (Jagdish Dughdhalaya) to Pune Link Road parallel to Waldhuni River Crossing Over Karjat- Kasara Railway Line Including Slip Road.

The company has also bagged LoA worth Rs 288.18 crore plus applicable GST for Design and Construction of Creek Bridge from Kolshet to Kalher and LoA worth Rs 975.58 crore plus applicable GST for Design and Construction of Creek Bridge from Gaimukh to Payegaon. 

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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