Ashoka Bags Rs 5 Billion Rail Electrification Contract
RAILWAYS & METRO RAIL

Ashoka Bags Rs 5 Billion Rail Electrification Contract

Ashoka Buildcon Ltd. has secured a Letter of Acceptance (LoA) worth approximately Rs 5 billion from the North Western Railway, Jaipur, for a major upgrade of the electric traction system in the Jaipur Division. The contract, with a duration of 24 months, involves the design, supply, erection, testing, and commissioning of a 2×25 kV traction system to replace the current 1×25 kV network. The project also includes modifications to the overhead equipment to enable train speeds of up to 160 km/h across specified sections of the division.
In a separate development, Servotech Power Systems Ltd. has been awarded a contract by the North Western Railway for a 7.3 MW on-grid rooftop solar project. Valued at Rs 288.4 million, the project includes the design, manufacturing, supply, installation, testing, and commissioning of solar power systems of varying capacities across multiple sites within the Jaipur Division.
According to an exchange filing, Servotech stated that the solar initiative represents another milestone in its mission to support India’s clean energy transition. 

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Ashoka Buildcon Ltd. has secured a Letter of Acceptance (LoA) worth approximately Rs 5 billion from the North Western Railway, Jaipur, for a major upgrade of the electric traction system in the Jaipur Division. The contract, with a duration of 24 months, involves the design, supply, erection, testing, and commissioning of a 2×25 kV traction system to replace the current 1×25 kV network. The project also includes modifications to the overhead equipment to enable train speeds of up to 160 km/h across specified sections of the division.In a separate development, Servotech Power Systems Ltd. has been awarded a contract by the North Western Railway for a 7.3 MW on-grid rooftop solar project. Valued at Rs 288.4 million, the project includes the design, manufacturing, supply, installation, testing, and commissioning of solar power systems of varying capacities across multiple sites within the Jaipur Division.According to an exchange filing, Servotech stated that the solar initiative represents another milestone in its mission to support India’s clean energy transition. 

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement