Ashoka Buildcon secures ₹539.35 cr railway electrification contract
pre-market1 source ↓written by the desknot a recommendation
- electrification project
- ₹539.35 cr
- lasting
- 24 months
- involves upgrading
- 660.81 Route Kilometers
- 2x25kV electric traction system
Ashoka Buildcon Limited has received a Letter of Acceptance from North Western Railway for a ₹539.35 cr electrification project. The contract, lasting 24 months, involves upgrading 660.81 Route Kilometers to a 2x25kV electric traction system. This upgrade is part of Indian Railways’ modernization efforts to enhance operational efficiency and speed across key routes.
The project is expected to positively impact Ashoka Buildcon's revenue stream and contribute to the ongoing infrastructure development in the railway sector.
Not investment advice. For informational purposes only.