Ashoka Buildcon Share Price in Focus After Securing $67 Million Road Project in Guyana

Ashoka Buildcon has recently announced a major international development contract. This article delves into the project details and what it signifies for the company.

Ashoka Buildcon Secures International Contract From Guyana

Ashoka Buildcon has signed a contract agreement with the Government of Guyana’s Public Works Department for a key infrastructure project titled East Bank–East Coast Road Linkage Project Phase 2, which connects Eccles to Providence. The agreement followed the issuance of a Letter of Acceptance dated June 18, 2025.

Value Of The Project Pegged at $67.25 Million

The project is valued at $67.25 million. It will be executed as an item rate contract, meaning Ashoka Buildcon will be paid based on actual quantities of work completed, ensuring transparency and accountability in billing.

Completion Target Fixed At 18 Months

As per the contract, the total duration for completing the project is 18 months. The timeline indicates a firm commitment to timely execution, aligning with the infrastructure goals of the Guyanese government.

Ashoka Buildcon Share Price Performance 

Ashoka Buildcon share price saw a decline of 2.52% to ₹199.50 on June 19, 2025, at 3:05 PM.

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Conclusion

With this contract, Ashoka Buildcon continues its expansion in international infrastructure markets. The company’s foray into overseas projects reflects its capability to handle large-scale global assignments and diversify its portfolio beyond Indian borders.

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