Ashoka Buildcon wins road project contract in Karnataka

Ashoka Buildcon wins road project contract in Karnataka

Ashoka Concessions, a subsidiary of Ashoka Buildcon has won the contract to construct Tumkur - Shivamogga section from km 170.415 to km 226.750 from Bettadahalli Shivamogga (Package IV) on Hybrid Annuity Mode under Bharatmala in the State of Karnataka.

In a filing to BSE, Ashoka Buildcon has informed that its subsidiary Ashoka Concessions (ACL) had submitted its bid to National Highways Authority of India (NHAI) for the Project viz. Tumkur - Shivamogga Section from Km 170.415 to Km 226.750 from Bettadahalli Shivamogga (Package IV) on Hybrid Annuity Mode under Bharatmala in the State of Karnataka.

The filing further state that ACL emerged as 'the Lowest Bidder' at the Financial Bid opening. The quoted bid project cost for the project is Rs.1,382 crore.

@EPC World Media

 


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