Ashoka Buildcon Limited has received a Letter of Acceptance from the President of India, acting through the CEE/Project/NWR, North Western Railway, Jaipur, for a railway electrification project valued at ₹499.95 crore, including GST.
The project covers Design, Supply, Erection, Testing and Commissioning for the electric traction system upgradation across multiple sections of Jaipur Division, including RE-AWR-BKI, BKI-JP, JP-FL-MD and RE-RGS-FL sections. The comprehensive modernisation spans 581.43 Route Kilometres and 1,210.82 Track Kilometres, representing substantial infrastructure enhancement for North Western Railway operations.
The technical upgrade involves transitioning from a single voltage 1x25kV to a double voltage 2x25kV system whilst modifying existing Overhead Equipment to support 160 kmph train operations. This enhancement significantly improves power supply reliability and enables higher operational speeds across the railway network, supporting India's railway modernisation objectives for improved passenger and freight services.
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The domestic contract requires completion within 24 calendar months, providing a structured timeline for delivering comprehensive electrification across 4 major railway sections. The project execution involves multiple phases from design through commissioning, demonstrating Ashoka Buildcon's capability to handle complex railway infrastructure projects with substantial geographical coverage.
On August 22, 2025, Ashoka Buildcon share price opened at ₹183.00 on NSE, below the previous close of ₹183.09. During the day, it surged to ₹187.01 and dipped to ₹181.50. The stock is trading at ₹184.56 as of 2:24 PM. The stock registered a moderate gain of 0.80%.
Over the past week, it has moved up by 3.47%, over the past month, it has declined by 9.30%, and over the past 3 months, it has declined by 9.05%.
Ashoka Buildcon's ₹499.95 crore Letter of Acceptance from North Western Railway for electric traction system upgradation represents a significant railway portfolio addition. The 24-month project covering 581.43 route kilometres across Jaipur Division involves upgrading from 1x25kV to 2x25kV with 160 kmph OHE modification, reinforcing the company's railway electrification expertise whilst supporting India's railway modernisation through enhanced power supply and speed capabilities.
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Published on: Aug 22, 2025, 3:07 PM IST
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