Ashoka Buildcon wins orders worth Rs 401.59 crore

Ashoka Buildcon has received Letters of Acceptance (LoA) for the Projects floated by State Highways Authority of Jharkhand. The company has received LoAs for construction, rehabilitation and two laning with paved shoulders of Govindpur - Tundi - Giridih Road in the State of Jharkhand and for construction, rehabilitation and two laning with paved shoulders of Dumka - Hansidha Road in the State of Jharkhand. The accepted bid value of the projects is Rs 401.59 crore. These Projects will be funded by Asian Development Bank (ADB).

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.