
Business Update9 Nov 2026, 09:40 pm
Ashoka Buildcon Wins ₹865.9 Cr NHAI Project
AI Summary
Ashoka Buildcon Limited has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for an EPC project. The accepted price for the project is ₹865.90 Crore, excluding GST. 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. The execution period for this project is 18 months, with a defect liability period of 10 years. This award signifies a significant business development for the company in the infrastructure sector.
Key Highlights
- Received LOA from NHAI for an EPC project.
- Project value stands at ₹865.90 Crore (excluding GST).
- Project involves expressway construction in Gujarat.
- Execution timeline is 18 months.
- Defect Liability Period of 10 years.
Price Impact
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