Mumbai, June 6 -- Infrastructure Major, Ashoka Buildcon, said that the company, in collaboration with its subsidiary Ashoka Purestudy Technologies Private Limited (APTPL), has received Letters of Intent (LOIs) from the Maharashtra Motor Vehicles Department amounting to Rs 1,387.19 crore for a traffic management project in Maharashtra.
The contract is for the design, implementation, operation, and maintenance of an Intelligent Traffic Management System across multiple regions.
The project, spanning 10 years, covers Nagpur, Mumbai, Pune, Marathwada, and Konkan and Western Maharashtra.
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