Ashoka Buildcon wins Rs 314 crore project in Kerala

Ashoka Buildcon has announced securing a Rs 314 crore order for a project in Kerala. In a BSE filing, the company said the project has to be completed in 24 months from the date of commencement of the work.

It said: “The company has received an order from SRIT India Pvt Ltd for Kerala State Information Technology Infrastructure Ltd, Smart Infrastructure Project.”

The company added: “The project, valued at Rs 313.72 crore, involves conducting survey, supply of poles and installation, laying of the overhead and underground optic fiber cable, on existing electricity poles, supply, installation, testing and commissioning of non-IT items.”

One of the leading highway developers in India, Ashoka Buildcon is an integrated EPC (engineering, procurement and construction) and BOT (build, operate, transfer) player. Besides construction of highways and bridges, the company is engaged in power transmission and distribution on EPC basis.

Image Credit : portfolio.investmentguruindia.com

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