Ashoka Buildcon Limited has successfully secured a Letter of Award (LOA) from the Ministry of Public Works, Liberia, for a significant international infrastructure project. The contract value amounts to USD 45,276,621.07. The Engineering, Procurement, and Construction (EPC) project involves the upgrading of key road networks within the Republic of Liberia and is expected to be executed over a period of 24 months.
Award Confirmation for Liberian Road Project
Ashoka Buildcon Limited announced on February 14, 2026, that it has received a Letter of Award (LOA) from the Ministry of Public Works, Liberia (referred to as “the Authority”). This formal acceptance follows the Company’s successful bid submission for a vital infrastructure undertaking.
Project Details and Value
The project, designated as the ‘Upgrading of the Road from Nrowkia (Sasstown Jn) to Barclayville and Nrowkia (Sasstown Jn) to Sasstown and Part of Nrowkia (Sasstown Jn) to Nipleppo road Project in Republic of Liberia’, is classified as an Engineering, Procurement, and Construction (EPC) contract.
The total accepted bid cost for this international contract stands at USD 45,276,621.07 (Forty-Five Million, Two Hundred Seventy-Six Thousand Six Hundred Twenty-One US Dollars and Seven Cents).
Execution Timeline
This project has been awarded by an International Entity, and the Company is committed to executing the scope of work within a stipulated time period of 24 months from the date of the award.
Compliance and Transparency
The disclosure confirms that this order does not fall within the scope of Related Party Transactions, and the Company confirmed that neither its promoters nor group companies have any vested interest in the awarding entity. Furthermore, the Trading Window for Designated Persons of the Company and their immediate relatives will remain closed for 48 hours following this public disclosure.
Source: BSE
