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Ashoka Buildcon bags Rs 1,018-cr order from Maldives' Fahi Dhiriulhun Corp

Highways developer Ashoka Buildcon on Friday said it had bagged an order worth Rs 1,018.36 crore from Maldives' Fahi Dhiriulhun Corporation for design and construction of 2,000 social housing units

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Ashoka Buildcon | Maldives | Indian companies

Press Trust of India  |  New Delhi 

road construction

Highways developer on Friday said it has bagged an order worth Rs 1,018.36 crore from Maldives' Fahi Dhiriulhun Corporation for design and construction of 2,000 social housing units.

"The company has received a letter of acceptance from Fahi Dhiriulhun Corporation, a state-owned company of the Government of the Republic of the Maldives, for the project viz. design and construction of 2,000 social housing units in Hulhumale on engineering, procurement and construction (EPC) basis," said in a regulatory filing.

The total value for this project is estimated to be around USD 140.33 million (Rs 1,018.36 crore), the company added.

Shares of were trading 1.25 per cent higher at Rs 93.50 apiece on BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Fri, May 28 2021. 10:46 IST
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