StockWatch
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Civil Construction
Deals5 Nov 2026, 07:13 pm

Ashoka Buildcon declared L1 bidder for NHAI Project worth ₹865.90 Cr

AI Summary

Ashoka Buildcon Limited has been declared the Lowest Bidder (L1) for a National Highways Authority of India (NHAI) project. The project involves the balance work for the construction of an 8-lane access-controlled Expressway from Km 128.0 to Km 154.6 of the Vadodara - Mumbai Expressway (Karvad to Jujuwa section) in Gujarat on an Engineering Procurement Construction (EPC) mode. The quoted EPC price for this project is ₹865.90 Crore, excluding GST. The project is to be executed within 18 months and includes a defect liability period of 10 years.

Key Highlights

  • Ashoka Buildcon declared L1 bidder for NHAI project.
  • Project value stands at ₹865.90 Crore (excluding GST).
  • Scope includes balance work for Vadodara-Mumbai Expressway.
  • Project execution timeline is 18 months.
  • Defect Liability Period of 10 years.