Ashoka Buildcon’s subsidiary - Ashoka Concessions (ACL) has emerged as the Lowest Bidder at the financial bid opening meeting held on February 28, 2018 at New Delhi for Khairatunda to Barwa project. The company quoted bid project cost is Rs 860.10 crore.
Earlier, ACL had submitted its bid to National Highways Authority of India (NHAI) for the Project of six laning of Khairatunda to Barwa Adda Section of NH-2 from km. 360.300 to km. 400.132 in the State of Jharkhand under NHDP Phase-V 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.
