Wednesday 25 September 2013

Ashoka Buildcon gains on receiving letter of award worth Rs 494.50 crore from MSEDCL

Ashoka Buildcon has received letter of award worth Rs 494.50 crore from Maharashtra State Electricity Distribution Company (MSEDCL). Of the total amount, order worth Rs 115.27 crore is for Tender number T-8 for Kedgaon division, Baramati, Rs 117.79 crore worth of contract is for Tender number T-10 for Baramati division, Baramati, Rs 106.24 crore worth of order is for Tender number T-11 for Solapur (R) division, Baramati and order worth Rs 155.20 crore is for Tender number T-13 for Barshi division, Baramati.

Earlier on August 6, 2013, the company had emerged as the lowest bidder for the turnkey contracts for electrification work for Mahavitaran Infrastructure plan Phase-II aggregating to Rs 494.50 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.

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