MoneyWorks4Me

Ashoka Buildcon consortium bags project worth Rs 179.82 crore

16 Nov 2015 Evaluate

Ashoka Buildcon along with Bhartia Infra Projects (Consortium - wherein the company's share is 51%) has received Letter of Acceptance (LoA) from NHIDCL. The consortium had bid for the Project viz. 2 laning of Pasighat - Mariyang - Yingkiang (NH - 513) from Singer river to Sijon River section 19.880 KM to 43.257 KM (length 23.777KM) in Arunachal Pradesh under Arunachal Pradesh Package of SARDP-NE on EPC Basis (Project) issued by National Highways & Infrastructure Development Corporation (NHIDCL). The accepted bid value of the project is Rs 179.82 crore.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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