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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Ashoka Buildcon Ltd

Ashoka Buildcon Secures USD 58.9 Million Solar Project in Bhutan

ORDERS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 11 Nov 2026, 11:48 AM IST  ·  BSE ID: e865e507-e7f7-4ae6-af06-18fee0206c68
View Original BSE Filing (PDF)
💡
In Simple Terms
Ashoka Buildcon will build a large solar power plant in Bhutan worth over USD 58.9 million.
🤖 AI Summary
  • Ashoka Buildcon secured a USD 58,900,976.45 solar project in Bhutan.
  • The contract is for a 120 MWp Wobthang Solar PV Power Plant.
  • The project duration for execution is 18 months from the commencement date.
  • Druk Green Power Corporation Limited is the awarding entity in Bhutan.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Project Value
USD 58,900,976.45
Project Capacity
120 MWp
Execution Period
18 months
Defect Liability Period
24 months
🏢 How This Affects the Company
📈
Business Impact
This international order expands Ashoka Buildcon's renewable energy project pipeline and geographical diversification.
💰
Financial Impact
The contract adds USD 58,900,976.45 to the company's order book, contributing to future revenue streams.
⚙️
Operational Impact
The company will undertake design, supply, installation, testing, and commissioning of a 120 MWp solar PV plant over 18 months.
⚠️
Risk Impact
Operating in Bhutan introduces new regulatory and logistical considerations for the company.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this contract award.
👤
Who Is Affected
All shareholders are informed of the company's successful bid for a new project, impacting its future revenue.
🔍
Management Signal
This award demonstrates management's continued focus on expanding the company's order book through international projects.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Project commencement date confirmation from Druk Green Power Corporation.
Subsequent updates on project execution milestones.
Disclosure of any material changes to contract terms.
MEDIUM RISK International project execution involves currency, regulatory, and geopolitical risks.
💡 Investor Takeaway
Ashoka Buildcon secured an international solar project valued at USD 58,900,976.45 in Bhutan, to be executed over 18 months.
⚖️ Strengths & Concerns

✅ Positives

  • Secured a significant international order of USD 58,900,976.45 for a solar PV power plant.
  • Order to be executed on a Design Build mode with a 24-month Defect Liability Period.
📅 Company Track Record
Ashoka Buildcon has recently secured orders including an Rs. 865.90 Crore NHAI highway project and a GYD$ 7,455,455,867 project in Guyana.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the value of the solar project Ashoka Buildcon received in Bhutan?
Ashoka Buildcon received a Letter of Acceptance for a solar project valued at USD 58,900,976.45.
Who awarded the solar project to Ashoka Buildcon in Bhutan?
The project was awarded by Druk Green Power Corporation Limited, Bhutan.
What is the scope of the solar project awarded to Ashoka Buildcon?
The project involves the Design, Supply, Installation, Testing & Commissioning of a 120 MWp Wobthang Solar PV Power Plant.
What is the timeframe for executing the solar project in Bhutan?
The solar project is to be executed within 18 months from the date of commencement.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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