Ashoka Buildcon bags $38.1 million EPC contract in Maldives

Industry:    2015-12-07

NEW DELHI: Construction firm Ashoka BuildconBSE -1.42 % has bagged a contract worth $38.11 million (around Rs 247 crore) from Maldives-based company Housing Development Corporation. “Our 50:50 consortium with Mohan Mutha Exports Pvt Ltd. has been awarded the EPC contract for development of road network for Hulhumale, Phase 2, Stage 1 Project by Housing Development Corporation (HDC), Republic of Maldives, to be completed within 18 months,” Ashoka Buildcon said. The estimated .. Read more at: http://economictimes.indiatimes.com/articleshow/49564960.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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