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Ashoka Buildcon Limited enters into the Power Transmission and Distribution network segment with an order book of more than Rs.10000 million.
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Nominated for Innovative Infrastructure Company of the year 2009 by CNBC TV 18
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Entry in Limca Book of Records for completing Bridge over Mandve River in 38 days against a target of 12 months
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First Indian Infrastructure Company to receive Integrated Management Certificate (ISO 9001:2000, ISO 14001:2004 & OHSAS 18001:2007) from International Standards Certifications Pty. Ltd., Australia
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RMC and Bitumen Division
Our RMC and bitumen division supplies RMC to our EPC division as well as selling it to third parties. Our RMC and bitumen division's revenue was Rs. 808.58 million for fiscal 2009.
We have 13 RMC plants with a total production capacity of 590 cubic metersper hour. We have three RMC plants with a total production capacity of 180 cubic metersper hours that are only used for sales of RMC to third parties: one plant in Mumbai with a capacity of 90 cubic metersper hour; one plant in Indore with a capacity of 60 cubic metersper hour; and one plant in Nashik with a capacity of 30 cubic metersper hour. The remaining 10 RMC plants are mainly used for captive use by our EPC division: two plants in Pune with a capacity of 60 and 30 cubic metersper hour; one plant for use in constructing the NH-6 Bhandara Road with a capacity of 30 cubic metersper hour; two plants for use in constructing the NH-6 Durg Bypass, Chhattisgarh-Maharashtra Border Road with a capacity of 15 and 30 cubic metersper hour; two plants for use in constructing the Jaora-Nayagaon Road with a capacity of 15 and 30 cubic metersper hour; two plants for use in constructing the NH-3 Pimpalgaon - Nashik - Gonde road with a capacity of 60 and 120 cubic metersper hour; and one plant in Sinnar with a capacity of 20 cubic meters per hour.
As at March 31, 2009, we had 71 concrete transit trucks and 18 concrete pumps.
We sell our RMC directly to third parties at negotiated rates, with prices linked to the prevailing market price for raw materials, primarily cement. We do not have any long-term contracts for the sale of RMC.
The raw materials used to make our ready-mix concrete are cement, metal, sand and construction chemicals. We have not entered into any long-term supply contracts with our suppliers of raw materials. In the past, we have experienced some difficulties and delays in obtaining adequate supplies of cement, although we have not experience such difficulties or delays during the last 15 months. If we cannot obtain adequate supplies of cement not only could it have an adverse effect on our EPC business but we may be unable to sell ready-mix cement to third parties, which could have a material adverse effect on our ready-mix concrete business and our results of operations and financial condition.
This division also sells and processes bitumen to a higher grade for use in road projects and supports our EPC division by supplying it with bitumen. We have one plant in Pune for the processing of bitumen with a capacity of 60 metric tones per day.
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