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Ashoka Buildcon Bags Rs 314 Crore Project In Kerala

The project has to be completed in 24 months from the date of commencement of the work, the company said in a BSE filing.

An auto-rickshaw drives along a road near a hillside damaged by a landslide at a coffee plantation near Munnar in the district of Idukki, Kerala, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
An auto-rickshaw drives along a road near a hillside damaged by a landslide at a coffee plantation near Munnar in the district of Idukki, Kerala, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Ashoka Buildcon Ltd. on Wednesday said it has bagged a Rs 314 crore order for a project in Kerala.

The project has to be completed in 24 months from the date of commencement of the work, the company said in a BSE filing. "The company has received an order from SRIT India Pvt. Ltd. for Kerala State Information Technology Infrastructure Ltd. Smart Infrastructure Project," it said.

The project, valued at Rs 313.72 crore, involves conducting surveys, the supply of poles, the installation and laying of the overhead and underground optic fiber cable, on existing electricity poles, supply, installation, testing and commissioning of non-IT items, the filing added.

Ashoka Buildcon is one of the leading highway developers in India. The company is an integrated Engineering, Procurement, and Construction and Build-Operate-Transfer player. Besides the construction of highways and bridges, the company is engaged in power transmission and distribution on an EPC basis.