Ashoka Buildcon receives LoI from JBVNL

Ashoka Buildcon has received Letter of Intent (LoI) from Jharkhand Bijli Vitran Nigam (JBVNL) for the Project viz. Rural Electrification Works of Package-4 (Comprising Ranchi, Khunti, Gumla, Simdega & Lohardaga District) in Jharkhand State under Jharkhand Sampurna Bijli Achchhadan Yojana (JSBAY) Phase-II. The accepted bid value for the project is Rs 169.22 crore.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

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