Ashoka Buildcon preferred bidder for NHAI project
Ashoka Buildcon Ltd has emerged as the preferred bidder for a Rs1396 Cr NHAI project. The Company had submitted its bid with the National Highways Authority of India ("NHAI") for Design, Build, Finance and Operation of Six Laning of Dhankuni to Kharagpur Section of NH – 6 From Km. 17.600 to Km 129.000 in the State of West Bengal under NHDP Phase – V on DBFOT Toll Basis ("Project"). The project is on Premium Basis with the Concession Period of 25 years and NHAI cost of the Project is Rs1396 Crore.
At the Bid Opening meeting held on February 18, 2011, NHAI communicated that Company has emerged as the Preferred Bidder for the aforesaid Project.