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Ashoka Buildcon bags LoA for project worth Rs 602.16 crore

29 Aug 2026 Evaluate

Ashoka Buildcon has secured Letter of Acceptance (LoA) for a project worth around Rs 602.16 crore (incl. GST) from Rail Vikas Nigam. The project involves supply, erection, testing & commissioning of electro mechanical (E&M) system comprising of 33/11kv & 11/0.433kv GIS Substations, HT & LT Cables, DG Sets, Lighting, Ups System, Ventilation Systems & Fire Fighting Systems and other associated works for Tunnel T-13, T-14, T-15 & T-16 under package E-4 Of Rishikesh Karnprayag New BG Rail Line Project in the State of Uttarakhand. The project completion period is of 30 months from date of commencement.

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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