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Ashoka Concessions receives LoA for NHAI project in Andhra Pradesh

Capital Market 

Project cost is Rs 1187.10 crore

Ashoka Buildcon's subsidiary viz. Ashoka Concessions (ACL) has received Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Request for Proposal for 'Six laning of Ranastalam to Anandpuram (Visakhapatnam) (from km 634.000 to km 681.000) section of NH-5 (New NH- 16) in the state of under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project (Project). The accepted bid Project Cost is Rs. 1,187.10 crore.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 21 2017. 14:02 IST