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Ashoka Buildcon bags road projects worth Rs 402 crore in Jharkhand

These projects will be funded by the Asian Development Bank, the company said in its filing

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Press Trust of India New Delhi
Infrastructure firm Ashoka Buildcon today said it has won road projects worth Rs 401.59 crore in Jharkhand.

"The company had bid for the projects floated by State Highways Authority of Jharkhand...The company has received letters of acceptance for the projects," Ashoka Buildcon Ltd said in a BSE filing.

Under the contract, the company would construct, rehabilitate and double the lanes with paved shoulders of Govindpur-Tundi-Giridih and Dumka-Hansidha roads in Jharkhand.

"The accepted bid value of the projects is Rs 401.59 crore. These projects will be funded by Asian Development Bank," the filing said.

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First Published: Feb 26 2016 | 3:32 PM IST

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