Home Transport Infrastructure News Road & Highway News Ashoka Buildcon bags NHAI’s highway project worth Rs 1,000 crore in Telangana

    Ashoka Buildcon bags NHAI’s highway project worth Rs 1,000 crore in Telangana

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    Ashoka Buildcon bags NHAI's highway project

    Ashoka Buildcon’s subsidiary, Ashoka Concessions Ltd (ACL) has received a Letter of Award (LOA) from NHAI for a highway project in Telangana worth Rs 1,000 crore.

    ACL has received a LOA from NHAI for the project viz Four laning of NH-161 from Kandi to Ramsanpalle in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode. The accepted Bid Project Cost is Rs 1,000 crore.

    Previously, the company had submitted its bid to the National Highways Authority of India (NHAI) for the said project, and had emerged as the lowest bidder at the financial bid opening meeting held on November 18, 2019.

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