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Ashoka Concessions receives LoA for NHAI project in Andhra Pradesh

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Capital Market

Project cost is Rs 1187.10 crore

Ashoka Buildcon's subsidiary viz. Ashoka Concessions (ACL) has received Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Request for Proposal for 'Six laning of Ranastalam to Anandpuram (Visakhapatnam) (from km 634.000 to km 681.000) section of NH-5 (New NH- 16) in the state of Andhra Pradesh under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project (Project). The accepted bid Project Cost is Rs. 1,187.10 crore.

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First Published: Mar 21 2017 | 2:02 PM IST

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