MoneyWorks4Me

Ashoka Buildcon’s joint venture (JV)--M/s Ashoka-Aakshaya JV has received Letter of Acceptance-cum-Work Order from Brihanmumbai Municipal Corporation (BMC) for the project of ‘Construction of Flyover connecting J.J. Bridge and Sitaram Selam Bridge (Y Bridge) at J. J. Road and Saboo Siddik Polytechnic Road Junction in ‘E’ Ward’. The accepted Bid Price for the Project is Rs 1,041.44 crore, including GST. The time period to complete the project is 24 months excluding monsoon period. The Ashoka-Aakshaya JV, in which Ashoka Buildcon holds a 51% being Lead Member and Aakshya Infra Projects holds 49%.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.


Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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