Ashoka Buildcon receives letter of intent to device distribution infra in UP districts

Ashoka Buildcon on Saturday said it bought a letter of intent (LoI) from Dakshinanchal Vidyut Vitran Nigam for the pattern of distribution infrastructure in Aligarh and Agra for a total outlay of Rs 807.64 crore.

Per the assertion from Ashoka Buildcon, the firm will device distribution infrastructure at Aligarh-2 Zone, which is the electricity distribution circle of Etah and Kasganj of Uttar Pradesh and as well can even device distribution infrastructure at Agra-1 Zone which is the electricity distribution circle of Fatehabad, Mainpuri, Firozabad and Firozabad of Uttar Pradesh.

Dakshinanchal Vidyut Vitran Nigam is the major electricity distribution agency. DVVNL came into existence in July 2003 as a subsidiary firm of UPPCL.

Ashoka Buildcon is engaged within the industrial of creating of infrastructure facilities on engineering, procurement and building basis (EPC) and built, feature and transfer (BOT) basis and sale of ready mix concrete.

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