Ashoka Buildcon Ltd secures major contract from RVNL for Rs 602.16 crore

Construction firm Ashoka Buildcon Limited has stated that the company had submitted a bid for the following project to state-owned Rail Vikas Nigam Limited (RVNL).

The project consists of the supply, erection, testing & commissioning of an electro-mechanical (E&M) system comprising 33/11kv & 11/0.433kv GIS substations, HT & LT cables, DG sets, lighting, UPS systems, ventilation systems & fire-fighting systems, and other associated works for tunnels T-13, T-14, T-15 & T-16 under package E-4 of the Rishikesh Karnprayag New BG Rail Line Project in the State of Uttarakhand.

Further, the company has received a Letter of Acceptance for the said project. The timeline to complete the project is 30 months from the date of commencement. The broad consideration of the project is Rs 602.16 crore.

Ashoka Buildcon Ltd. is engaged in the business of construction and infrastructure facilities on an EPC and BOT basis.