MoneyWorks4Me

Ashoka Buildcon emerges as lowest bidder for NHAI project

29 Mar 2022 Evaluate

Ashoka Buildcon has emerged as the Lowest Bidder at Financial Bid Opening dated March 29, 2022 for National Highways Authority of India (NHAI) project of 'Development of 6 lane Access Controlled Greenfield highway from KM 162.500 to KM 203.100, Baswantpur to Singondi Section of NH 150 C (Package 4 of Akkalkot KNT of TS Border) on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojana'. The quoted Bid project cost for the project is Rs 1,079 crore. The construction period is 912 days from the appointed date.

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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