Ashoka Buildcon has emerged as the Lowest Bidder (L-1) for the Project for construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signaling and telecommunication works in connection with 3rd Line from Sonnagar to Garhwa Road in Dhanbad Division of East Central Railway, in the States of Bihar and Jharkhand in 2 packages (Package 1 & Package 2).
The aggregate bid value of which is Rs 794.20 crore, with a completion period of 42 months for each package. The company had submitted bid to Rail Vikas Nigam in Joint Venture (JV) with Story Tech Services LLC, wherein the company is a lead member, for the Project.
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.
