ASHOKA

Receives Additional Work Order from BMC

has secured an additional scope of work for its ongoing project, “Construction of Flyover Arm-1 and Arm-2 at T-Junction on Sion–Panvel Highway, Maharashtra Nagar, M/E Ward.” The company has received the formal communication from the Brihanmumbai Municipal Corporation (BMC). The additional work is valued at Rs 447.21 crore (including taxes). Earlier, on October 11, 2024, Ashoka Buildcon had emerged as the Lowest Bidder (L-1) for the main project, and subsequently received the Letter of Acceptance (LoA) from BMC on October 15, 2024, with an accepted bid price of Rs 1,126.58 crore (including taxes). With the newly added scope, the total project value now stands at Rs 1,573.79 crore (including taxes). The completion timeline for both the existing and additional work has been revised to January 13, 2028. Ashoka Buildcon is a leading infrastructure developer engaged in the construction and operation of roads and bridges across India, primarily under the Build–Operate–Transfer (BOT) model.