Ashoka Buildcon Ltd. has received a Letter of Acceptance (LoA) worth ₹499.95 crore from the North Western Railway, Jaipur, for upgrading the existing electric traction system.
Contract Value: ₹499.95 crore
Contract Duration: 24 Months
Contract Scope of Work: The awarded contractor will be responsible for the design, supply, erection, testing, and commissioning of a 2×25 kV traction system, replacing the current 1×25 kV network in the Jaipur Division. The contract also includes the modifications to overhead equipment, allowing trains to operate at speeds of up to 160 km/h across specified sections of the Jaipur Division.
Recently, Servotech also secured a major contract for a 7.3 MW on-grid rooftop solar project from the North Western Railway. The contract encompasses the design, manufacturing, supply, installation, testing, and commissioning of solar plants of varying capacities across multiple sites within the Jaipur Division.
The company, in an exchange filing, said “the project carries a total value of Rs 28.84 crore and marks yet another milestone in Servotech’s journey of driving India’s clean energy transition,” as reported by Money Control.
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