ACL Bagged Orders From NHAI Worth INR 29917 Million
Date: March 08, 2018
Ashoka Buildcon Limited ("the Company") informs that the Company's subsidiary viz. Ashoka Concessions Limited ("ACL") had submitted its bid to National Highways Authority of India ("NHAI") for the following Projects in the State of Karnataka under NH DP Phase-IV on Hybrid Annuity Mode ("Project")". Detailed information is annexed below: 1. Four laning of Tumkur — Shivamogga section from Km 12+310 (Design km 12+300) to Km 66+540 ( Design Km 65+195) from Mallasandra to Karadi Village of NH-206 on Hybrid Annuity Mode under NHDP Phase-IV in the state of Karnataka;
2. Four laning of Tumkur-Shivamogga section from km 65.195 (Karadi) to km 121.900 (Banawara) of NH-206 on Hybrid Annuity Mode under NH DP Phase — IV, in the State of Karnataka; and 3. Four Laning of Belgaum Khanapur Section Km 0+000 — Km 30+800 (design chainagekm 0+000 Km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode. ACL emerged as "the Lowest Bidder" at the Financial Bid opening meeting held on March 6, 2018, at New Delhi. The aggregate quoted Bid Project Cost for above 3 Projects is INR 29917 million.