Ashoka Buildcon get Letter of Award for new project

Ashoka Concessions Limited (ACL), a subsidiary of Ashoka Buildcon, has received Letter of Award (LoA) from National Highways Authority of India (NHAI) for the project of six laning of Ranastalam to Anandpuram (Visakhapatnam).

The project is from km 634.000 to km 681.000 section of NH-5 (New NH- 16) in the state of Andhra Pradesh under NHDP Phase – V (Package II) on Hybrid Annuity Mode Project.

The accepted bid project cost is Rs 1,187.10 crore.

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.

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner