Order worth Rs 1,387 crore bagged by Ashoka Buildcon
Construction engineering firm Ashoka Buildcon has bagged an order worth Rs 1,387 crore from the Maharashtra Motor Vehicles Department. The firm's subsidiary, Ashoka Purestudy Technologies Private Limited (APTPL) received the Letter of Intent (LoI) for the project.
As per the LoI, the work involves designing, implementing, operating, and maintaining an Intelligent Traffic Management System across multiple regions. The order covers Nagpur, Mumbai, Pune, Marathwada, and Konkan & Western Maharashtra, and is signed for a period of 10 years.
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