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Ashoka Buildcon receives LOA from Rail Vikas Nigam Limited

Ashoka Buildcon receives LOA from Rail Vikas Nigam Limited

Mumbai, Dec 10 (UNI) Infrastructure Major, Ashoka Buildcon Limited said that it has received Letter of Acceptance by Rail Vikas Nigam Limited.

The Letter of Acceptance is for the Project viz. 'Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signaling and telecommunication works in connection with 3rd Line from Sonnagar to Garhwa Road in

Dhanbad Division of East Central Railway,' in the States of Bihar and Jharkhand ('Project') in 2 packages (Package 1 & Package 2).

The Company had bid the Project in Joint Venture with Story Tech Services LLC, wherein the Company is a Lead Member,compnay said in a filing with BSE.

The aggregate accepted Bid Value of the Project is Rs 794.20 Crore.

UNI JS SY 1230

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