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MoneyWorks4Me

Ashoka Buildcon emerges as L-1 bidder for Rs 865.90 crore project

06 Nov 2026 Evaluate

Ashoka Buildcon has emerged as the Lowest Bidder (L-1) for a National Highways Authority of India’s (NHAI) project. The project has a quoted EPC Price of Rs 865.90 crore (excluding GST). The project involves construction of 8-lane access-controlled Expressway from Km 128.0 to Km 154.6 of Vadodara - Mumbai Expressway (Karvad to Jujuwa section) in Gujarat on EPC mode (Pkg-IX). The project is to be completed within 18 months.

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

Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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