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Ashoka Buildcon gets LoA from National Highways Authority of India

26 Nov 2024 Evaluate

Ashoka Buildcon has received Letter of Award (LoA) from National Highways Authority of India (NHAI). The LoA is for development of 4 lane economic corridor from Bowaichandi to Guskara-Katwa Road Section Km 89.814 to Km 133.000 of NH 116A (Package-3) in the state of West Bengal under Hybrid Annuity Mode.

The project is to be executed within 910 days including monsoon. The accepted bid project cost for the project is Rs 1,391 crore excluding GST. 

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.


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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