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MoneyWorks4Me

Ashoka Buildcon’s JV declared as lowest bidder by CIDCO

10 Oct 2024 Evaluate

Ashoka Buildcon’s joint venture (JV) has been declared as the Lowest Bidder (L-1) by City & Industrial Development Corporation of Maharashtra (CIDCO) for the project of Integrated Infrastructure Development of 20M & above wide Roads, Construction of Various Major & Minor Structures (Viz. Flyover, Minor Bridges, VUPS, PUPS etc.) And Allied Electrical Works (Street Light) in TPS - 10 & TPS - 11 under NAINA Project. The quoted Bid Price for the Project is Rs 1,667.78 crore, excluding 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 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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