Ashoka Buildcon secures Rs 334 cr Guj rail gauge conversion project
RAILWAYS & METRO RAIL

Ashoka Buildcon secures Rs 334 cr Guj rail gauge conversion project

Ashoka Buildcon has emerged as the lowest bidder for Gujarat Rail Infrastructure Development Corporation's Bechraji-Ranuj section (35.15 km) gauge conversion project in the Ahmedabad Division of the Western Railway zone.

The 38.15 km metre gauge section of Bechraji (63.83 km)-Ranuj (101.98 km) is to be converted to a broad gauge with 25 kV AC electrification. The quoted value of the project is Rs 333.62 crore.

During the December 2020 quarter, the Ashoka Buildcon had won an order from NTPC renewable energy worth Rs 503 crore for an EPC package in Rajasthan.

With this, the company's total order booking as of December 31, 2020, stands at Rs 9,152 crore. The order booking consists of road projects—Rs 6,912 crore, which is 76% of the total orders.

For Ashoka Buildcon, road projects include hybrid annuity model (HAM) projects of around Rs 3,923 crore, while engineering procurement and construction (EPC) projects are around Rs 2,988 crore. Power transmission and distribution comprise around Rs 1,466 crore, which is 16% of the total order booking.

Meanwhile, railway projects contributed Rs 692 crore━approximately 8% of the order book.

Image Source


Also read: NIIF may buy equity in Ashoka Buildcon HAM road asset for $100 mn

Ashoka Buildcon has emerged as the lowest bidder for Gujarat Rail Infrastructure Development Corporation's Bechraji-Ranuj section (35.15 km) gauge conversion project in the Ahmedabad Division of the Western Railway zone. The 38.15 km metre gauge section of Bechraji (63.83 km)-Ranuj (101.98 km) is to be converted to a broad gauge with 25 kV AC electrification. The quoted value of the project is Rs 333.62 crore. During the December 2020 quarter, the Ashoka Buildcon had won an order from NTPC renewable energy worth Rs 503 crore for an EPC package in Rajasthan. With this, the company's total order booking as of December 31, 2020, stands at Rs 9,152 crore. The order booking consists of road projects—Rs 6,912 crore, which is 76% of the total orders. For Ashoka Buildcon, road projects include hybrid annuity model (HAM) projects of around Rs 3,923 crore, while engineering procurement and construction (EPC) projects are around Rs 2,988 crore. Power transmission and distribution comprise around Rs 1,466 crore, which is 16% of the total order booking. Meanwhile, railway projects contributed Rs 692 crore━approximately 8% of the order book. Image Source Also read: NIIF may buy equity in Ashoka Buildcon HAM road asset for $100 mn

Next Story
Real Estate

Rethinking Slum Development

In July 2024, the Supreme Court directed the Bombay High Court to initiate suo motu proceedings to evaluate the implementation of the Maharashtra Slum Area (Improvement, Clearance and Redevelopment) Act.During the ensuing proceedings, the Division Bench of Justices expressed concern about the plight of slum dwellers, saying, “Merely because you are a slum dweller doesn’t mean that you are left to the discretion of developers. They end up with a pittance.” The Bench also noted that the buildings allocated to slum dwellers were akin to “vertical slums”. “The buildings are congested. ..

Next Story
Real Estate

Ring in the New!

Lighting:OLED (organic light emitting diode) panels such as those by Philips are the latest option in soft lighting fixtures that can be embedded into walls, ceilings or furniture, says Nilesh Sawant, Principal Architect, Nilesh Sawant Architect. “Being thin and flexible, they lend themselves well to different applications while delivering the energy-efficiency associated with LED technology.”And Sapna Aggarwal, Founder, ANSA Architecture & Interiors, says “Embedded light-emitting diodes can create a dreamy illumination, while dimmable LEDs are useful for allowing..

Next Story
Infrastructure Urban

Jhansi Library

The Jhansi Library, commissioned by the Jhansi Development Authority (JDA) under the Jhansi Smart City initiative and built by Bootes Impex, a net-zero construction-tech company. It is the first library in Asia to achieve EDGE (Excellence in Design for Greater Efficiencies) certification from the International Finance Corporation (IFC), a member of the World Bank Group. This milestone marks the library as India’s first and only net-zero library, aligning  with India’s Net-Zero Vision 2070.Sustainable designDeepak Rai, Managing Director, Bootes Impex, explains, “The project's vision ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000