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Ashoka Buildcon's subsidiary receives LoA for NHAI road project

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Capital Market

In State of Gujarat

Ashoka Buildcon ('the Company') further updates that the Company's subsidiary viz. Ashoka Concessions ('ACL') has received a Letter of Award (LOA) from National Highways Authority of India ('NHAI') for the Project viz. Construction of Eight (8) Lane Vadodara Kim Expressway from Km 279.00 to Km 292.00 (Ankleshwar to Manubar Section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase - VI on Hybrid Annuity mode (Phase IA-Package IV) ('Project')'.

The accepted Bid Project Cost is Rs.1687 crore.

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First Published: Mar 29 2018 | 8:12 PM IST

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