What is Ashoka Buildcon?
Ashoka Buildcon is a construction company. It was founded in 1993 by Mr. Ashok Katariya. The company is headquartered in Nashik, Maharashtra. Ashoka Buildcon Limited is a leading highway developer in India and a Fortune India 500 company. The company has grown from humble beginnings to become a prominent player in the infrastructure sector in India.
The company focuses on integrated projects across Engineering, Procurement and Construction (EPC), Build-Operate-Transfer (BOT) and Hybrid Annuity Model (HAM). ). ABL provides ready mix concrete (RMC) and bitumen in addition to construction. It also operates toll collection services in India.
What does Ashoka Buildcon do?
Ashoka Buildcon Limited (ABL) specializes in the development of highway projects and construction of infrastructure facilities. It mainly works on projects for national and state governments. ABL undertakes power transmission and distribution projects on an EPC basis. Their work spans across multiple sectors. ABL undertakes construction projects like highways, bridges, power, buildings and city gas distribution. The company operates in several Indian states, including Maharashtra, Madhya Pradesh, Chhattisgarh, Rajasthan, Karnataka, and Odisha.
Ashoka Buildcon values and strengths?
Ashoka Buildcon is committed to quality, safety, sustainability and environmental awareness in all of its projects. This dedication towards their work has enabled Ashoka Buildcon to exceed expectations and push the boundaries of what can be achieved in the construction industry.
Ashoka Buildcon is well equipped to handle projects of any size. The company is backed by a talented workforce of technical and support staff. The firm’s strong financial position allows it to bid for large-scale assignments and execute them effectively. It is listed on both the National Stock Exchange and the Bombay Stock Exchange, which underlines its credibility and market presence of Ashoka Buildcon.
Ashoka Buildcon is committed to becoming a benchmark in infrastructure development through innovation and professionalism. The company aims to provide value to its customers while maintaining high standards in product quality. Moreover, it is dedicated to protecting people, property and the environment. To do so, ABL identifies risks and manages them to minimize their impact.
Ashoka Buildcon Share Market
Ashoka Buildcon Ltd. is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Its current share price at 230 INR.
Projects by Ashoka Buildcon
Ashoka Buildcon operates through five verticals – PPP Projects, EPC Projects, Power Projects, Railway Projects and Buildings. Their impressive track record includes a diverse portfolio of successful infrastructure projects both in India and abroad.
Major ongoing projects by each vertical of Ashoka Buildcon in 2024 includes:-
PPP Projects-
- Construction of Bridge and its approaches A/C Wainganga river in km 491/00 of Nagpur- Raipur road section of N.H.6 in Bhandara District under B.O.T scheme with toll rights (JAIPL) in Madhya Pradesh
- Four laning of Sambalpur-Baragarh-Orissa/Chhatisgarh Border section of NH-6 from km 0.00 to km 88.00 in the state of Orissa to be executed as BOT (Toll) project on DBFOT pattern under NHDP Phase III in Orissa
- Six laning of Dhankuni- Kharagpur Section of NH-6 from Km 17.600 to Km 129.000 in the state of West Bengal to be executed as BOT (Toll) project on DBFOT pattern under NHDP Phase V. in West Bengal
EPC Projects-
- RoadAroor to Thuravoor Thekku section of NH 66, Contract Value in Rs. Millions 16,685.00 Excl GST in Kerala
- RoadBelgaum to Sankeshwar bypass Contract Value in Rs. Millions8,294.90 in Karnataka
- Link Road NH-166 S to Mopa Airport Contract Value in Rs. Millions 7,691 in Goa
Power Projects-
- DEVELOPMENT OF DISTRIBUTION INFRASTRUCTURE AT LATUR DISTRICT of MAHARASHTRA UNDER REVAMPED REFORMS-BASED AND RESULTS-LINKED, in Maharashtra
- Development of Distribution Infrastructure at AKOLA, BULDHANA & WASHIM DISTRICT of MAHARASHTRA STATE under the Revamped Reforms-based and Results-linked, in Maharashtra
- Construction of 11 KV Dedicated Feeders & Extension of 11 KV line from existing/upcoming dedicated feeders, Installation of Distribution Transformers, Erection of LT Line with AB Cable with new Agriculture Connection and R&M of LT line under State Plan scheme in Gaya Circle under SBPDCL, in Bihar
Railway Projects-
- Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Sonnagar (including) Km 411.83 to Japla (including) Km 366.01(Total 45.82 Km) in Mughalsarai Division of East Central Railway, Bihar & Jharkhand, India.
- Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signalling and telecommunication works in connection with 3rd Line from Japla (excluding) Km 366.01 to Garhwa Road (excluding) Km 319.04 (Total 46.97 Km) in Mughalsarai Division of East Central Railway, Jharkhand, India.
- Construction of Roadbed, minor bridges, supply of ballast, Installation of track (excluding supply of rails, PSC sleepers & Thick web switches), Electrical (Railway Electrification and General Electrification), Signaling and Telecommunication works for Doubling of track between Kakrala Halt (Excluding) and Hadiaya (Including) from km 57.50 to 115.64 in Ambala Division of Northern Railway, Punjab, India.
Buildings-
- Design and Construction of Police Stations, Accommodations and Custody Facilities in Dhoonidhoo Island, Maldives. in Dhoonidhoo Island, Maldives
- Development of Grand Port Hospital with Academic, Residential, Commercial, and related Infrastructure at Nadkarni Park, Wadala. in Mumbai, Maharashtra
- Construction and Maintenance of Fintech Digital Institute, Jodhpur. in Jodhpur, Rajasthan
Conclusion
Ashoka Buildcon focuses on continuous improvement in quality and safety management, pollution prevention and compliance. It follows all relevant legal and contractual obligations to achieve these goals. The company also adopts modern technology. It actively engages with stakeholders to set and achieve its organizational objectives. Ashoka Buildcon aims to be a leader in sustainable and responsible infrastructure development through their efforts.
