MoneyWorks4Me

Ashoka Buildcon bags Rs 1,396 cr project from NHAI

22 Feb 2011 Evaluate

Ashoka Buildcon Ltd (ABL), a Nashik-based BOT (build, operate and transfer) operator for infrastructure projects, has reportedly bagged Rs 1,396 crores six-lane project from National Highway Authority of India (NHAI). With this project, the company’s balance order book has reached Rs 4,400 crores.

The project is on DBOT (Design, Build, Operate and Transfer) Toll basis with the concession period of 25 years, including construction period of 30 months. With this project, the company will have a profile of 27 BOT projects across the country.  It has presently an experience of constructing 3,500 lane kilometres.

ABL is the major BOT operator in infrastructure projects like roads & highways. The core strength of the ABL is BOT-based projects, Engineering procurement & Construction (EPC) and Ready Mix Concrete production. crackcrack

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