Ashoka Buildcon’s arm receives LoA for Kharar - Ludhiana section project

Ashoka Buildcon’s subsidiary Ashoka Concessions (ACL) has received Letter of Award (LoA) from National Highways Authority of India (NHAI) for Kharar to Ludhiana section of NH-95 project. The accepted bid Project Cost is Rs 1,600 crore.

The project is for 4/6 laning of Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar km. 10+185 (design chainage) to Samrala Chowk, Ludhiana km. 86+199 (design chainage) in the State of Punjab on Hybrid Annuity mode.

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.