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Ashoka Buildcon has received Letters of Award (LoA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for two major infrastructure projects, marking a significant boost for the company. The first project entails the design and construction of a creek bridge connecting Kolshet to Kalhar, valued at ?288.18 crore plus GST. The second project involves the design and construction of another creek bridge from Gaimukh to Payegaon, with a value of ?975.58 crore plus GST.
Additionally, Ashoka Buildcon has secured an LoA for an elevated road project that will connect Kalyan Murbad Road (near Palms Water Resort) to Badlapur Road (Jagdish Dugdhalaya). This elevated road will intersect with the Pune Link Road and traverse over the Karjat Kasara Railway line, along with the inclusion of a slip road, bringing the total project value to ?474.10 crore plus GST.
Operating primarily on an engineering, procurement, and construction (EPC) and build, operate, transfer (BOT) basis, Ashoka Buildcon is recognized as a significant player in India’s highway development sector. The company also produces and sells ready-mix concrete (RMC) and is ranked among the Fortune India 500 companies, underscoring its prominence in the construction and infrastructure development industry. |
