Ashoka Buildcon wins Rs 13.9 bn highway projects
ROADS & HIGHWAYS

Ashoka Buildcon wins Rs 13.9 bn highway projects

Ashoka Buildcon, a highway developer company, on Monday, said it has bagged two highway projects worth Rs 13.90 billion in Bihar from the National Highways Authority of India (NHAI).

Earlier this month the company became the lowest bidder (L1) for these NHAI projects including both, Package I and Package II in Bihar. The aggregate quoted value was also Rs 13.9 billion.

Reportedly the bids were submitted regarding the projects - Four laning of Arrah to Pararia section of NH-319 (Old NH-30) from Km 0+000 to Km 54+530 (Design Chainage) in the state of Bihar under Bharatmala pariyojana Phase -1 on EPC Mode (Package-I) and for Four laning of Pararia to Mohania section of NH-319 (Old NH-30) from Km 54+530 to Km 115+330 (Design Chainage) in the state of Bihar under Bharatmala Pariyojana Phase-I on EPC Mode (Package II).

Reportedly the Company has received Letters of Award (LOAs) from NHAI regarding the Four laning of Arrah to Pararia section of NH-319 (old NH-30) and Four laning of Pararia to Mohania section of NH-319 (Old NH-30) in Bihar.

Both the projects will be executed under EPC (engineering, procurement and construction) mode under Bharat Pariyojna phase 1.

The company has worked across the country and has seized various achievements over the course of years. One such accomplishment has been the completion of the Eastern Peripheral Expressway (EPE) a 135 km long six-lane expressway in 482 working days. It was built at a cost of Rs 110 billion and was inaugurated in May 2018.

Ashoka Buildcon is one of the leading highway developers in India. The company is an integrated EPC (engineering, procurement and construction) and BOT (build, operate, transfer) player. Besides the construction of highways and bridges, the company is engaged in power transmission and distribution on EPC basis. The company claims to have the largest number of PPP projects portfolio amongst the private players in India.

Ashoka Buildcon, a highway developer company, on Monday, said it has bagged two highway projects worth Rs 13.90 billion in Bihar from the National Highways Authority of India (NHAI).Earlier this month the company became the lowest bidder (L1) for these NHAI projects including both, Package I and Package II in Bihar. The aggregate quoted value was also Rs 13.9 billion.Reportedly the bids were submitted regarding the projects - Four laning of Arrah to Pararia section of NH-319 (Old NH-30) from Km 0+000 to Km 54+530 (Design Chainage) in the state of Bihar under Bharatmala pariyojana Phase -1 on EPC Mode (Package-I) and for Four laning of Pararia to Mohania section of NH-319 (Old NH-30) from Km 54+530 to Km 115+330 (Design Chainage) in the state of Bihar under Bharatmala Pariyojana Phase-I on EPC Mode (Package II).Reportedly the Company has received Letters of Award (LOAs) from NHAI regarding the Four laning of Arrah to Pararia section of NH-319 (old NH-30) and Four laning of Pararia to Mohania section of NH-319 (Old NH-30) in Bihar.Both the projects will be executed under EPC (engineering, procurement and construction) mode under Bharat Pariyojna phase 1.The company has worked across the country and has seized various achievements over the course of years. One such accomplishment has been the completion of the Eastern Peripheral Expressway (EPE) a 135 km long six-lane expressway in 482 working days. It was built at a cost of Rs 110 billion and was inaugurated in May 2018.Ashoka Buildcon is one of the leading highway developers in India. The company is an integrated EPC (engineering, procurement and construction) and BOT (build, operate, transfer) player. Besides the construction of highways and bridges, the company is engaged in power transmission and distribution on EPC basis. The company claims to have the largest number of PPP projects portfolio amongst the private players in India.

Next Story
Infrastructure Energy

Adani Green Adds 212.5 MW Solar in Gujarat

Adani Green Energy Ltd. has commissioned a 212.5 MW solar power project at Khavda, Gujarat, through its subsidiary Adani Renewable Energy Fifty Seven Ltd. This addition brings Adani Green's total operational renewable capacity to 13,700 MW, as per a stock exchange filing. Last month, Adani Green became India's first renewable energy company to cross 12,000 MW of operational capacity. The company is also developing the world's largest 30,000 MW renewable energy plant in Khavda, spanning 538 sq km—about five times the size of Paris and nearly as large as Mumbai. Upon completion, it will be th..

Next Story
Infrastructure Energy

ONGC NTPC Green Acquires Ayana for Rs 62.5 Billion

ONGC NTPC Green Pvt Ltd (ONGPL) has completed the Rs 62.5 billion acquisition of Ayana Renewable Power, securing a 100% equity stake. The 50:50 joint venture between NTPC Green Energy Ltd (NGEL) and ONGC Green Ltd finalized the deal. NGEL contributed Rs 31.2 billion toward the acquisition, aligning with its goal to achieve 60 GW of renewable capacity by 2032. Ayana, a key player in India's green energy sector, has a 4,112 MW portfolio, with 2,123 MW operational and 1,989 MW under construction. Its projects are backed by high-credit-rated buyers, including SECI, NTPC, GUVNL, and Indian Railw..

Next Story
Infrastructure Transport

Cabinet Approves Rs 37.1 Billion Patna-Sasaram Corridor

The Union Cabinet has approved the construction of a four-lane access-controlled Patna-Sasaram corridor in Bihar at an estimated cost of Rs 37.1 billion. The 120.1 km project, to be developed under the Hybrid Annuity Mode (HAM), aims to ease congestion and enhance connectivity. Currently, travel between Sasaram, Arrah, and Patna takes 3-4 hours due to heavy traffic on state highways. The new corridor will integrate greenfield and 10.6 km of brownfield upgrades, linking key cities such as Arrah, Grahini, Piro, Bikramganj, Mokar, and Sasaram. The project will connect NH-19, NH-319, NH-922, NH-..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?