Ashoka Buildcon: Focus on hybrid project

 

Ashoka Buildcon informed the exchanges that its subsidiary - Ashoka Concessions Ltd - had submitted its bid to the National Highways Authority of India for three projects in Karnataka under NHDP Phase-IV on hybrid annuity mode. ACL has emerged as the lowest bidder at the financial bid, the company has claimed. The aggregate quoted bid project cost for the three projects is ₹2,991.70 crore. Analysts and investors will closely monitor the development.

Published on March 06, 2018

MORE FROM BUSINESSLINE


 Getting recommendations just for you...
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.