Ashoka Buildcon announced that Ashoka Concessions (ACL), a Subsidiary of the Company, has emerged as the lowest bidder for National Highways Authority of India’s (NHAI) Project for ‘Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna’ on Hybrid Annuity Mode.
The quoted Bid Project Cost for the Project is Rs.1,000 crore.
