Ashoka Buildcon Secures Rs.539 Crore North Western Railway Project
Filing Summary
Ashoka Buildcon Ltd has received a Letter of Acceptance from the North Western Railway for a project in Ajmer. The project involves the up-gradation of the existing electric traction system from 1 x 25 kV to 2 x 25 kV, including modifications for sections of the Ajmer Division. The accepted project cost is Rs.539 Crore, inclusive of GST. The project is to be executed within 24 months from the issuance of the LoA. This contract was awarded by a domestic entity, with no related party transactions involved.
Ashoka Buildcon Ltd has announced the receipt of a Letter of Acceptance from the North Western Railway for a project in Ajmer. The project, valued at Rs.539 Crore including GST, involves significant upgrades to the existing electric traction system.
The scope of the project includes the design, supply, erection, testing, and commissioning for the up-gradation of the current electric traction system from 1 x 25 kV to 2 x 25 kV. This also involves modifications to the existing overhead equipment (OHE) to accommodate speeds of up to 160 kmph. The project covers sections in the Ajmer Division, specifically the AII-COR, COR-UDZ, MD-BWA, and BWA-PNU sections, totaling 660.81 RKM / 1200.85 TKM.
The project is to be completed within a timeframe of 24 calendar months from the date of issuance of the Letter of Acceptance. The contract was awarded by a domestic entity, specifically the President of India acting through the CEE/Project/NWR, North Western Railway, Ajmer. There are no related party transactions associated with this contract.
North Western Railway is a key division of Indian Railways, focusing on enhancing rail infrastructure and services across its jurisdiction. The division is involved in various projects aimed at improving rail connectivity and operational efficiency.
Ashoka Buildcon Ltd is a prominent infrastructure development company in India, engaged in the construction and maintenance of roads and highways. The company is focused on expanding its project portfolio in the transportation sector, leveraging its expertise in executing large-scale infrastructure projects.