Infra firm Ashoka Buildcon eyes Rs 5,000-cr projects in FY18

Ashoka Buildcon has an order book of Rs 7,000 cr and is targeting an additional order intake

With the Union government planning to bid out 25,000-km road projects this year, Ashoka Buildcon is eying both hybrid annuity and engineering, procurement, and construction (EPC) mode projects but says it would be selective with bidding.

With 32 projects in its kitty, the Nashik-based company is among the league of small companies that are making it big in the highway sector, which has seen a high number of toll-based build-operate-transfer projects in the past. Of the 32 public-private projects with the company, 16 are operational, nine have been completed and handed over to the tendering authority and seven are under