Ashoka Buildcon gets Rs 116.72 cr power project in Bihar

Ashoka Buildcon gets Rs 116.72 cr power project in Bihar

30/01/2017 12:05

Infrastructure developer Ashoka Buildcon Ltd on Monday said it has received a power project worth Rs 116.72 crore in Bihar.

In a filing to the Bombay Stock Exchange, highway sector player said, “The company has received a letter of award for the project viz. turnkey contracts for providing APL Service Connection with LT line extension under state plan (Mukhyamantri Vidhyut Sambandh Nischay Yojna) in 7 circles under the jurisdiction of North Bihar Power Distribution Co Ltd., Patna for Motihari Circle in Bihar.”

The accepted contract value of project is Rs 116.72 crore, it added.

Meanwhile, shares of the company were trading at Rs 189.75 apiece, up 3.15 per cent, from previous close on BSE at 12:10 hours.

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