Ashoka Buildcon Limited, along with its subsidiary Ashoka Purestudy Technologies Private Limited (APTPL), has received confirmation for multiple contracts from the Motor Vehicles Department of Maharashtra. The projects involve the design, implementation, integration, operation, and maintenance of Intelligent Traffic Management Systems (ITMS) across several key regions in the state.
The awarded contracts cover the Nagpur, Mumbai, Pune, Konkan & Western Maharashtra, and Marathwada circles. Each project is set to run for a duration of ten years following the completion of a 15-month implementation period. The total estimated value for all projects, including GST, stands at over ₹1,387 crore, with individual allocations ranging from around ₹179 crore in Nagpur to nearly ₹315 crore in the Konkan & Western Maharashtra and Marathwada regions.
These contracts mark a significant infrastructure initiative by the state’s transport authorities aimed at enhancing traffic management and road safety. The work orders are expected to be issued soon, which will confirm the final value of the projects.
