Ashoka Buildcon has emerged as the Lowest Bidder for two projects at the Financial Bid opening meeting held on March 20, 2018. The aggregate cost quoted by the company for two projects is Rs 447.51 crore. Earlier, the company had submitted its bid to the Ministry of Road Transport & Highway (MoRT&H) through Public Works Department, National Highway (PWD), Maharashtra for two projects.
The first project is for up-gradation of Jalgaon - Bhadgaon (section I) of NH 753J from Chainage 4+000 Km to 56+200 Km to two lane with paved shoulders in the State of Maharashtra on EPC mode2. The second project is for up-gradation of Bhadgaon - Chalisgaon (section II) of NH 753J (Jalgaon - Bhadgaon - Chalisgaon - Nandgaon - Manmad (46.800 Km)) in the state of Maharashtra on EPC 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.