Ashoka Buildcon emerges L1 bidder for Rs. 829.49 crore NHAI project

Ashoka Buildcon Limited (“the Company”) had submitted Bid to the National Highways Authority of India (“NHAI”) in respect of the Project viz. ‘Request for Proposal for Construction of 6 laning from Belgaum to Sankeshwar Bypass from Km. 515+000 to Km. 555+017 of NH-48 in the state of Karnataka on Engineering, Procurement & Construction (EPC) Mode under Bharatmala Pariyojana (Package-I)’.

 

The Company has emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs.829.49 Crore.

 

Ashoka Buildcon Limited, a Fortune India 500 company, is one of the leading highway developers in India. The company is an integrated EPC, BOT & HAM player.

 

It has a portfolio of 41 PPP projects, which is the largest in number by any private player in India.

 

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