Ashoka Buildcon Ltd Receives LOA from NHAI for Projects Worth Rs. 1,391 Crores.

Ashoka Buildcon Limited ("the Company") has announced that it has received the Letter of Award (LOA) for the development of a 4-lane economic corridor from Bowaichandi to Guskara-Katwa Road Section (Km 89.814 to Km 133.000) on NH 116A in West Bengal. The project, awarded by the National Highways Authority of India (NHAI), is to be developed under the Hybrid Annuity Mode.

The accepted bid project cost for the project is Rs. 1,391 Crore, excluding GST.

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