Ashoka Buildcon to act as preferred Partner for Operations and Maintenance

For NHAI project secured by MAIF 2 Investments India 2

Ashoka Buildcon announced that the Company as an Operations and Maintenance (O &M) Partner, along with MAIF 2 Investments India 2 (MAIF-2) has participated in Request for Proposal issued by the National Highways Authority of India (NHAI) for Projects comprising of 9 National Highway stretches (Bundle 1) on Toll Operate Transfer Mode in India.

MAIF-2 has emerged as the winning bidder for the Project.

EPC in the first two years is of Rs.1025 crore for the Project and the Company will be preferred Partner for O & M of the Project for 30 years.

 

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