Ashoka Buildcon Receives LoA for Project in Angola.

Ashoka Buildcon Limited has received a Letter of Contract Acceptance for a project in Angola, marking a key international win for the infrastructure firm.

The company had earlier submitted a bid to the Ministry of Energy and Water, Angola for the “Electricity Sector Improvement and Access Project.” Following the evaluation process, the authority has now formally accepted Ashoka Buildcon’s bid.

The total accepted bid cost for the project stands at USD 72.36 million, reinforcing the company’s presence in overseas infrastructure development, particularly in the power sector.