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Ashoka Buildcon’s arm emerges as Lowest Bidder for NHAI project in AP

16 Mar 2017 Evaluate

Ashoka Buildcon’s subsidiary - Ashoka Concessions (ACL) has emerged as the Lowest Bidder at the Financial Bid opening meeting for Ranastalam to Anandpuram (Visakhapatnam) project. The bid project cost quoted by ACL was Rs 1,187.10 crore.

Earlier, ACL had submitted its bid to National Highways Authority of India (NHAI) for proposal for six laning of from Ranastalam to Anandpuram (Visakhapatnam) (from km 634.000 to km 681.000) section of NH-5 (New NH- 16) in the state of Andhra Pradesh under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project.

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.



Ashoka Buildcon Share Price

130.80 -3.45 (-2.57%)
25-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4219.95
Kalpataru Projects 1382.00
Rail Vikas Nigam 240.70
NCC 153.55
KEC International 528.05
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