Ashoka Buildcon’s subsidiary -- Ashoka Concessions has emerged as lowest bidder for the project in the state of Telangana under Bharatmala Pariyojna. The company had submitted its bid to National Highways Authority of India (NHAI) for the Project viz. Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) 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.
