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Ashoka Buildcon’s arm receives LoA for NHAI Project

06 Mar 2018 Evaluate

Ashoka Buildcon’s subsidiary -- Ashoka Concessions (ACL) has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) for the Project viz. 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 (Project). The accepted Bid Project Cost is Rs 860.10 crore.

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.

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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