MoneyWorks4Me

Ashoka Buildcon emerges as lowest bidder for NHAI projects in Bihar

08 Sep 2020 Evaluate

Ashoka Buildcon has been emerged as the lowest bidder (L-1) for National Highway Authority of India (NHAI) Projects i.e. Package I and Package II. The aggregate quoted value of both the projects is Rs 1,390 crore.  The company had submitted Bids to NHAI in respect of the Projects viz ‘Four laning of Arrah to Pararia section of NH-319(Old NH-30) from Km 0+000 to Km 54+530 (Design Chainage) in the State of Bihar under Bharatmala pariyojana Phase -1 on EPC Mode (Package-I); and for Four laning of Pararia to Mohania section of NH-319(Old NH-30) from Km 54+530 to Km 115+330 (Design Chainage) in the State of Bihar under Bharatmala Pariyojana Phase-I on EPC Mode (Package II).

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.


Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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