Ashoka Buildcon JV wins ₹1,816 cr BMC Mithi River development project

Market
C
CNBC TV18•10-12-2025, 20:29
Ashoka Buildcon JV wins ₹1,816 cr BMC Mithi River development project
- •Ashoka Buildcon JV, with Adani Road Transport and Aakshaya Infra, secured a ₹1,815.79 crore Letter of Acceptance (LoA) from BMC.
- •The contract is for the Mithi River Development and Pollution Control Project (Package III).
- •The project includes dry-weather flow interception, transfer sewers, river training, service roads, retaining walls, and 10 years of operations and maintenance.
- •The JV shareholding is Adani Road Transport (51%), Ashoka Buildcon (26%), and Aakshaya Infra (23%).
- •The design and build phase will take 48 months, followed by a long-term maintenance phase.
Why It Matters: This project significantly improves Mumbai's Mithi River and urban infrastructure.
✦
More like this
Loading more articles...




