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Kavish posted an update in the group
a day ago
KAVISH WITH BOOMASHOKA BUILDCON; Ashoka Buildcon Gets LOIs for ₹1,387 Cr Traffic Mgmt Projects in Maharashtra
Received Letters of Intent (LOIs) from Maharashtra Motor Vehicles Department.
Covers Intelligent Traffic Management System (ITMS) projects in 5 circles: Nagpur, Mumbai, Pune, Konkan & Western Maharashtra, and Marathwada.
Project Scope: Design, implement, operate & maintain ITMS for 10 years.
Estimated project costs:
Nagpur: ₹179.97 Cr
Mumbai: ₹291.49 Cr
Pune: ₹285.23 Cr
Konkan & Western MH: ₹315.54 Cr
Marathwada: ₹314.96 Cr
Execution timeline: 15 months implementation + 10 years O&M.
Projects awarded to Ashoka Buildcon and subsidiary Ashoka Purestudy Technologies.
