Ashoka Buildcon receives NOA for Solar Project on EPC Basis from NTPC

Ashoka Buildcon Limited ("the Company") had submitted Bids to NTPC Renewable Energy Limited (NTPC) in respect of the Project viz. EPC PACKAGE OF 150 MW SOLAR PV PROJECT IN RAJASTHAN for which the Company has received Notification of Award ("NoA") which includes Operation and Maintenance of complete Solar PV Plant for a period of Three (03) years from the date of successful completion of trial run.

The accepted Bid Value / Project Cost of the Project is Rs.502.33 Crore exclusive of GST.

Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.93.6 as compared to the previous close of Rs. 92.3. The total number of shares traded during the day was 195442 in over 1718 trades.

The stock hit an intraday high of Rs. 94.9 and intraday low of 91.6. The net turnover during the day was Rs. 18251184.

Source : Equity Bulls

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