ACL sets to get Rs. 1,187-cr highway project

    Ashoka Buildcon Highway Project
    The Ashoka Buildcon, which is a renowned infrastructure builder of national repute in an official statement claimed that its wholly owned arm, Ashoka Concessions Ltd (ACL) had turned out to be the lowest bidder for the National Highway Authority's project commanding a scope of work of six laning of Ranastalam to Anandpuram highway stretch in Visakhapatnam area of Andhra Pradesh. The project in question, which starts from 6,34.000 to 6,81.000 km section of new NH-16 under NHDP Phase-V, is likely to be secured on the Hybrid Annuity Model (HAM) entailing a staggering investment of Rs. 1,187.10cr.
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