In a significant boost to India’s infrastructure, three major companies—Ahluwalia Contracts, Ashoka Buildcon and Bondada Engineering, have won major contracts during market hours on October 11, 2023.
Ahluwalia Contracts won an order of Rs 1,094.67 crore, Ashoka Buildcon received a Rs 918 crore order and Bondada Engineering bagged a Rs 1132.25 crore order. Check the details below.
Ahluwalia Contracts
Ahluwalia Contracts (India) Ltd has received a ₹1,094.67 crore order from DLF City Centre Ltd. The project includes the development of civil and composite steel structural works, including rough finishing for Blocks 5, 6 and 7 at Downtown, Phase-2, Sector-25A, Gurugram.
Ashoka Buildcon
Ashoka Buildcon emerged as the Lowest Bidder (L-1) for a major project granted by the Brihanmumbai Municipal Corporation (BMC). The order is worth Rs. 918 crores. The project includes the building of a flyover arm at T Junction on the Sion-Panvel Highway in Maharashtra Nagar, M/E Ward, Mumbai.
Bondada Engineering
For solar PV power plant projects in Maharashtra, Bondada Engineering Limited secured two EPC contracts of Rs. 1132.25 crore from Maharashtra State Power Generation Company Limited. The contracts cover project design, engineering, supply, erection, testing, and commissioning, with a 9-month to 1-year completion time frame.
