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ASHOKA
has secured a significant international infrastructure mandate with a $67.25 million (approximately ₹562 crore) contract from the Government of Guyana for the East Bank–East Coast Road Linkage Project (Phase 2: Eccles to Providence).
The project, to be executed over 18 months under an item-rate contract, marks a meaningful step in the company’s strategy to diversify geographically and strengthen its global EPC credentials. The contract is part of Guyana’s broader infrastructure upgrade aimed at easing connectivity across key economic corridors.
While the deal doesn’t involve any related party transactions, it enhances Ashoka Buildcon’s international order book and reflects its competitiveness in global bids. With this development, the company has added further visibility to its medium-term revenue pipeline, though execution timelines and cross-border risk management will remain key factors to monitor.
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