January 7, 2025 admin Leave a reply Post Comment

Ashoka Buildcon arm inks contract with NHAI

Construction engineering company Ashoka Buildcon Ltd on Monday (January 6) said its wholly-owned subsidiary Ashoka Bowaichandi Guskara Road Private Ltd, has executed a concession agreement with the National Highways Authority of India (NHAI) for the development of a four-lane economic corridor in West Bengal.

The project, which involves the construction of the Bowaichandi to Guskara-Katwa Road Section on NH 116A, is valued at ₹1,391 crore and will be executed under the hybrid annuity mode.