Vadodara: The National High Speed Rail Corporation Ltd (NHSRCL) which is implementing the Ahmedabad-Mumbai bullet train project has opened technical bids for two contract packages for construction of bridges for high speed rail (HSR) corridor in Gujarat as well union territory of Dadra and Nagar Haveli.
So far, five bidders have submitted their bids for the package to construct one prestressed concrete bridge and four steel truss bridges between Vadodara and Ahmedabad stretch. The technical bid was opened on Friday.
URC construction (P) Ltd, Ranjit Buildcon Limited, KEC – SAM India JV, M G Contractors Pvt Ltd and GRIL–GPT’s joint venture have submitted bids for this package.
Ashoka Buildcon enters into SPA with IIF for acquiring 49% stake in SPV
Posted On: 2021-03-04 00:16:14 (Time Zone: Arizona, USA)
Ashoka Buildcon Limited ( the Company ) has entered into a share purchase agreement(SPA) with India Infrastructure Fund (IIF) for purchasing directly or through its subsidiary, 49% stake (i.e.1,27,95,399 equity shares of Rs.10/- each) held by IIF in Ashoka Highways (Bhandara) Limited ( AHBL / SPV ) along with Zero Interest Shareholders Loan for an aggregate consideration of Rs.35,98,00,000/- (Rupees Thirty Five Crore and Ninety Eight Lakh only).
The Company already holds 09 shares in AHBL. Ashoka Concessions Limited, a subsidiary of the Company holds 1,33,17,653 equity shares of Rs.10/- each, i.e. 51% of the issued, subscribed and paid-up capital of AHBL. Post completion of this transaction, the Company along with subsidiary/ies would hold 100% stake in AHBL.
Dilip Buildcon Limited declared L1 bidder for IRCON International Ltd tender
Posted On: 2021-02-03 22:57:51 (Time Zone: Arizona, USA)
Dilip Buildcon Limited has been declared as L-1 bidder for the tender floated by the IRCON International Ltd. for the Railway PKG-2 on Percentage Rate (EPC Project) in the state of Chhattisgarh.
The order comprises, Package-2:- Civil works including Earthwork for Railway formation, Blanketing work Minor Bridges, Major Bridges, RoB, RUB, Track linking works (including supply of Ballast but excluding supply of Rails and Sleepers), Station building and other service buildings, Staff Quarters, Platform Work including general electrical work for the section between Sendurgarh (km 67) to Pendra Road (135 Km) in connection with the construction of New BG Electrified Double Railway Line for Chhattisgarh East West Rail Corridor from Gevra Road (Km 0) to Pendra Road (Km 135) in the state of Chhattisgarh over South East Central Railway.