Ashoka Buildcon’s subsidiary - Ashoka Concessions (ACL) has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) for construction of eight lane Vadodara Kim Expressway from 279.00 Km to 292.00 Km (Ankleshwar to Manubar Section of Vadodara Mumbai Expressway) in the state of Gujarat under NHDP Phase - VI on Hybrid Annuity mode (Phase IA-Package IV). The accepted bid project cost is Rs 1,687 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.
