In continuation to the announcement made on July 19, 2016, Ashoka Buildcon has now informed that the Company’s subsidiary viz. Ashoka Concessions Limited (ACL) has received Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Request for Proposal 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 (Project)’. The accepted bid Project Cost is Rs 1,600 Crore.
The above information is a part of company’s filings submitted to BSE.