Ashoka Buildcon emerges lowest bidder for NHIDCL road project in Assam

The company quoted bid price of Rs282.11cr for the four laning and paved shoulder of the road in Kwaram Taro Village on EPC mode.

Sep 09, 2021 02:09 IST India Infoline News Service

Ashoka Buildcon Limited has emerged as the lowest bidder (L-1) for road projects of National Highways & Infrastructure Development Corporation Limited (NHIDCL).

“Ashoka Buildcon Limited had submitted Bid to National Highways & Infrastructure Development Corporation Limited ("NHIDCL") in respect of the Project viz. 'Request for Proposal for Widening/Improvement to 4 (Four) Lane with Paved Shoulder from KM 113+300 to Km 146+250 (Design Chainage 113+830 to 145+712) of Kwaram Taro Village — Dillai Section (Package-6) of NH 29 in the state of Assam on EPC mode'. (Project).

The company has emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs282.11cr,” company said in a filing on Thursday.

At around 2.50 PM, Ashoka Buildcon Ltd was trading at Rs102.45 per piece up by Rs0.1 or 0.1% from its previous closing of Rs102.35 per piece on the BSE.

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