Ahluwalia Contracts (India) Ltd has announced the award of a substantial new project valued at Rs. 393.04 Crores (Excluding GST). The contract was secured from the Airport Authority of India (AAI) for the development of a new Greenfield Airport located in Bundi, Kota, Rajasthan. The construction work is categorized as Building Construction and is mandated for execution within a tight timeframe of 18 Months from the award date.
New Project Award Details
Ahluwalia Contracts (India) Ltd is pleased to inform stakeholders about the recent award of a significant contract. The project, valued at Rs. 393.04 Crores (Excluding GST), was awarded by the Airport Authority of India (AAI), headquartered in New Delhi. The company confirmed the news on March 18, 2026.
Project Scope and Nature
The awarded work involves the Building Construction of the New Greenfield Airport at Bundi, Kota, Rajasthan. This constitutes a Domestic contract. The terms specify that the entire project duration for execution is set at 18 Months.
Corporate Disclosure Compliance
The company confirmed that the awarding entity, AAI, is a Domestic entity. Furthermore, Ahluwalia Contracts verified that neither the promoter nor the promoter group has any interest in the entity that awarded the contract. Consequently, this order does not fall under the category of related party transactions, ensuring transparency in the awarding process.
Source: BSE
