Ashoka Buildcon informs about receipt of LOA for NHAI project

23 Nov 2019 Evaluate

In continuation to the announcement made on November 18, 2019, Ashoka Buildcon has informed further that the Company’s subsidiary, Ashoka Concessions (ACL) has received a Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project - 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) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode. The accepted Bid Project Cost is Rs 1,000 Crore.

The above information is a part of company’s filings submitted to BSE.

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