{"id":1453,"date":"2026-05-04T15:46:03","date_gmt":"2026-05-04T10:16:03","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1453"},"modified":"2026-05-06T11:26:08","modified_gmt":"2026-05-06T05:56:08","slug":"ashoka-buildcon-secures-major-72m-international-power-project","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/ashoka-buildcon-secures-major-72m-international-power-project\/","title":{"rendered":"Ashoka Buildcon Secures Major $72M International Power Project"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bullscreen.in\/company\/ASHOKA\" target=\"_blank\" rel=\"noopener\" title=\"\">Ashoka Buildcon Limited<\/a> announced on <strong>April 24, 2026<\/strong>, under <strong>Securities and Exchange Board of India (SEBI) Regulation 30 listing requirements<\/strong>, that it has secured a major international order. The company has officially received the <strong>Letter of Contract Acceptance (LoA)<\/strong> from the <strong>Ministry of Energy and Water, Republic of Angola<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th>Category<\/th><th>Details<\/th><\/tr><tr><td>The Authority<\/td><td>Ministry of Energy and Water, Republic of Angola<\/td><\/tr><tr><td>Scope<\/td><td>Design, Supply, Installation, and Commissioning for the rehabilitation of distribution networks (Lot 5 Luanda City 2)<\/td><\/tr><tr><td>Execution Period<\/td><td>24 months<\/td><\/tr><tr><td>Contract Nature<\/td><td>International Design-Build<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"bs-widget-title one\"><h3 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span><strong>Regulatory Compliance &amp; Transparency<\/strong> <\/h3><div class=\"border-line\"><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">In alignment with strict corporate governance standards, Ashoka Buildcon has confirmed the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>SEBI Disclosure:<\/strong> This announcement was made pursuant to <strong>Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015<\/strong>.<\/li>\n\n\n\n<li><strong>Conflict of Interest:<\/strong> The company has officially stated that neither the <strong>promoter nor the promoter group<\/strong> has any interest in the entity awarding the contract.<\/li>\n\n\n\n<li><strong>Arms-Length Transaction:<\/strong> The contract does not fall within <strong>Related Party Transactions<\/strong>, ensuring transparency in how the deal was secured.<\/li>\n\n\n\n<li><strong>Insider Trading Controls:<\/strong> The <strong>Trading Window<\/strong> for designated persons and their immediate relatives is currently <strong>closed<\/strong> until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Electricity Sector Improvement and Access Project<\/strong> represents a key milestone in Angola&#8217;s ongoing infrastructure expansion and power sector modernization. Winning a large <strong>USD-denominated international contract<\/strong> not only provides a <strong>natural hedge against INR currency volatility<\/strong> but also reinforces Ashoka Buildcon Limited&#8217;s growing presence in the <strong>African energy and utilities market<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This strategic contract win is likely to <strong>boost investor sentiment<\/strong>, enhance <strong>order book visibility<\/strong>, and become a major <strong>analyst discussion point<\/strong> during the upcoming <strong>year-end financial results and earnings calls<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a href=\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKA_24042026125704_485_ABL_BSE_NSE_Angola_LOA_24042026.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\">https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKA_24042026125704_485_ABL_BSE_NSE_Angola_LOA_24042026.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ashoka Buildcon Limited announced on April 24, 2026, under Securities and Exchange Board of India&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[292,293],"class_list":["post-1453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure-construction","tag-ashoka","tag-indian-construction-companies-international"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Ashoka Buildcon Limited announced on April 24, 2026, under Securities and Exchange Board of India (SEBI) Regulation 30 listing requirements, that it has secured a major international order. 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