Ashoka Buildcon JV wins ₹1,815.79 Cr BMC Mithi River project; stock to watch

• Ashoka Buildcon Ltd's joint venture secured a ₹1,815.79 crore order from BMC.
• The order is for the Mithi River Development and Pollution Control Project (Package-3).
• The project follows a Design, Build, and Operate (DBO) model, including 10 years of operation and maintenance.
• The JV comprises Adani Road Transport (51%), Ashoka Buildcon (26%), and Aakshaya Infra (23%).
• The Design & Build phase is set for 48 months, excluding monsoon periods.

Why It Matters: This large BMC order strengthens Ashoka Buildcon's pipeline, potentially impacting its stock.