Deals25 Nov 2024, 09:48 pm
Ashoka Buildcon Receives Letter of Award for Rs.1,391 Crore Project from NHAI
AI Summary
Ashoka Buildcon Limited has announced that it has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for the development of a 4-lane Economic Corridor from Bowaichandi to Guskara-Katwa Road Section Km 89.814 to Km 133.000 of NH 116A (Package-3) in the state of West Bengal. The project will be executed under the Hybrid Annuity Mode and the accepted bid project cost for the project is Rs.1,391 Crore, excluding GST.
Key Highlights
- Ashoka Buildcon received Letter of Award for a project worth Rs.1,391 Crore from NHAI.
- The project is for the development of a 4-lane Economic Corridor from Bowaichandi to Guskara-Katwa Road Section Km 89.814 to Km 133.000 of NH 116A (Package-3) in the state of West Bengal.
- The project will be executed under the Hybrid Annuity Mode.
- The time period for the execution of the project is 910 days including monsoon.
- The project cost is Rs.1,391 Crore, excluding GST.