MoneyWorks4Me

Vascon Engineers receives LoA worth Rs 57.23 crore

14 Oct 2024 Evaluate

Vascon Engineers has received Letter of Acceptance (LoA) amounting to Rs 57.23 crore (Excluding GST) from Mumbai Metro Rail Corporation, Government of Maharashtra for construction of Commercial Building at Kalbadevi (K2) on CS No. 663, 664, 665, 1/665, 666, 667, 669, 671 & 774 of Bhuleshwar Division in ‘C’ Ward for rehabilitation of Metro Line 2/3 PAP’s at Kalbadevi Girgaon.

The work has been awarded on ‘Percentage rate basis’. The work has to be completed within 28 months from the date of receipt of Letter of Acceptance dated October 10, 2024 received on October 11, 2024.

Vascon Engineers is one of the leading Construction Engineering Company in India with presence in Real Estate business having an asset light model and Clean Room Partition manufacturing business.


Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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