MoneyWorks4Me

Ashoka Buildcon gets LoA for project in Karnataka

24 Jan 2022 Evaluate

Ashoka Buildcon has received Letter of Award (LoA) for the Bid submitted to the National Highways Authority of India (NHAI) in respect of the Project viz. 'Construction of 6 laning from Belgaum to Sankeshwar Bypass from Km. 515+000 to Km. 555+01 of NH-48 in the State of Karnataka on EPC mode under Bharatmala Pariyojana (Package-I)'. The accepted Bid Price of the Project is Rs 829.49 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.

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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