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Ashoka Buildcon informs about receipt of Loa for Nhai project

21 Mar 2017 Evaluate

In continuation to the announcement made on March 16, 2017, Ashoka Buildcon has informed that the Company's subsidiary viz. Ashoka Concessions (ACL) has received Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Request for Proposal for Six laning of 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. (Project) The accepted bid Project Cost is Rs 1,187.10 Crore.

The above information is a part of company’s filings submitted to BSE.

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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