In continuation to the announcement made on November 18 2019 Ashoka Buildcon Limited (the Company) further updates that the Companys subsidiary viz. Ashoka Concessions Limited (ACL) has received a Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode.
The accepted Bid Project Cost is Rs.1 000 Crore.
This is for your kind information.