Ashoka Buildcon Secures ?3,983 Crore Projects

18 Oct 2024 CW Team

Ashoka Buildcon Ltd., a leading infrastructure development company, has secured projects worth ?3,983 crore, leading to a positive response in the capital markets. These projects, which cover sectors such as road construction and power transmission, add to the company's robust portfolio and further cement its reputation in the infrastructure space.

The company received letters of intent for the construction of roadways and highways, a sector in which it has consistently delivered high-quality work. The successful acquisition of these projects showcases Ashoka Buildcon's growing influence and competitiveness in the Indian infrastructure market. In addition to road development, the company has also won contracts in the power transmission sector, diversifying its project base and enhancing its growth prospects.

The announcement of these projects has sparked investor interest, with Ashoka Buildcon’s stock seeing gains in the capital market. The projects align with India’s broader infrastructure growth plans, contributing to national development goals while boosting the company’s financial performance.

Ashoka Buildcon’s ability to secure large-scale contracts demonstrates its operational expertise and financial health. The company’s strategic focus on expanding its infrastructure footprint across various sectors is expected to drive future growth, as India continues to invest heavily in roadways, transportation, and energy infrastructure.

By bagging these ?3,983 crore worth of contracts, Ashoka Buildcon strengthens its leadership position in the infrastructure sector and showcases its potential for consistent and sustained business expansion. Investors are optimistic about the company's growth trajectory, given the increased project pipeline and potential for higher revenue in the coming quarters.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..