Ashoka Buildcon bags Rs. 402 crore road projects in Jharkhand.

Infrastructure firm Ashoka Buildcon recently 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 (LoA) 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 (ADB),' the filing said.

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