Ashoka Buildcon has emerged as lowest bidder for the project worth Rs 609.62 crore from TANGEDCO. The project is for execution of distribution strengthening works under Re-structured Accelerated Power Development and Reforms Programme (R-APDRP) Part-8 in Chennai North & South Regions of Tamilnadu Generation and Distribution Company (TANGEDCO) on Total Turnkey basis.
Earlier in August, the company emerged as the lowest bidder for HVDS scheme under O&M Division Akaltara in state of Chhattisgarh, aggregating to Rs 47.04 crore from MSEDCL.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.
