Ashoka Buildcon’s subsidiary Ashoka Concessions (ACL) has emerged as ‘the Lowest Bidder’ at the Financial Bid opening meeting held on July 19, 2016 at New Delhi, for bid submitted to National Highways Authority of India (NHAI). The company quoted bid project cost is Rs 1,600 crore.
The company has submitted its bid for 4/6 laning of Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar Km. 10+185 (design chainage) to Samrala Chowk, Ludhiana Km 86+199 (design chainage) in the state of Punjab on hybrid annuity mode.
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.
