Ashoka Buildcon Limited has announced that it has received a Letter of Acceptance (LOA) from Maharashtra State Electricity Transmission Co. Limited (MSETCL) for a major infrastructure project.
Key Highlights of the Project:
- Project Name: Turnkey Works Contract for a 400/220 KV substation at Nandgaon Peth, Amravati
- Contract Awarding Entity: Maharashtra State Electricity Transmission Co. Limited (MSETCL)
- Contract Value: ₹311.92 crore (including GST)
- Scope of Work:
- Supply, Engineering, Testing & Commissioning (ETC)
- Civil Work for the substation and associated transmission lines
- Execution Timeline: 18 months (excluding monsoon period)
- Nature of Contract: Domestic
Significance of the Project
This contract win reinforces Ashoka Buildcon’s expertise in large-scale infrastructure projects, particularly in the power transmission sector. The project will contribute to enhancing electricity distribution in Maharashtra and is expected to improve regional power reliability.
The contract aligns with Ashoka Buildcon’s expansion strategy in the EPC (Engineering, Procurement & Construction) segment, further strengthening its order book in the infrastructure sector.
TOPICS:
Ashoka Buildcon