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Vascon Engineers wins order for Rs 606 crore

Aug 24, 2023

By: BlinkX Research Team

Vascon Engineers received work order worth Rs 605.7 crore from Bihar government.

Vascon Engineers received a Letter of Acceptance from Bihar Medical Services & Infrastructure Corporation Limited (a Government of Bihar undertaking) for the development of Lohia Medical College & Hospital in Supaul, which includes a hospital and a residential complex.

The work has been granted on an 'EPC basis' and must be completed within 36 months after receiving the Letter of Acceptance.

Vascon Engineers, an EPC services company, has recently expanded into real estate development, controlling and operating chosen projects directly or indirectly through Subsidiaries and Other Development Entities.

Source: Media Reports