New Delhi: Infra player Ashoka Buildcon’s subsidiary Ashoka Concessions Ltd (ACL) has bagged Rs 1,000 crore order from NHAI to build a highway in Telangana.
“ACL has received a LOA from NHAI for the project viz Four laning of NH-161 from Kandi to Ramsanpalle in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode. The accepted Bid Project Cost is Rs 1,000 crore” the company said in a regulatory filing.
ACL had submitted bid for the project to NHAI and had emerged as the lowest bidder in the financial bid opening meeting held on 18 November.