Ashoka Buildcon has received Letters of Acceptance (LoAs) for the projects viz. execution of distribution strengthening works under ‘Re-structured Accelerated Power Development and Reforms Programme (R-APDRP) Part-B’ Scheme in Chennai North & South Regions of Tamil Nadu Generation and Distribution Company (TANGEDCO), Chennai, on total turnkey basis aggregating Rs 596.28 crore from TANGEDCO. Earlier this year in September, the company had emerged as lowest bidder for said project.
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.
