Ashoka Buildcon Limited — New Orders, 29-11-2024: Awarding of order(s)/contract(s)

Ashoka Buildcon Limited has executed a contract with Bangalore International Airport Limited for the construction of Elevated Western Crossfield Taxiways, along with associated works such as taxiway systems, pavement, drainage, and infrastructure facilities. The contract is valued at Rs. 1,055 Crore, inclusive of GST, and is an Engineering, Procurement and Construction (EPC) project. The execution period for this project is set for 24 months. This development reflects Ashoka Buildcon's continued engagement in significant infrastructure projects, which could bolster its revenue stream. Investors should regard this as a positive outlook for the company’s growth potential in the infrastructure sector.