Ashoka Buildcon emerges as L1 bidder for NHAI project in Punjab

Ashoka Buildcon has been declared as the lowest (L-1) bidder for a road project in Punjab by National Highways Authority of India (NHAI). The scope of work includes the construction and development of Memmadpur (Ambala) - Banur (IT City Chowk) – Kharar (Chandigarh) corridor under Bharatmala Pariyojana - Package-II and six laning of IT City Chowk to Kurali Chandigarh Road with design length of 31.23 km, on EPC model. The company has quoted a bid price of ₹726 crore. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support-operation of toll roads.