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Ashoka Buildcon announced that its subsidiary viz. Ashoka Concessions (ACL) had submitted its bid to NHAI for the following Projects in the State of Karnataka under NHDP Phase-IV on Hybrid Annuity Mode-
A)Four laning of Tumkur-Shivamogga section from Km 12+310(Design km 12+300) to Km 66+540(Design Km 65+195) from Mallasandra to Karadi Village of NH-206 on Hybrid Annuity Mode under NHDP Phase-IV in the state of Karnataka;
B)Four laning of Tumkur-Shivamogga section from km 65.195 (Karadi) to km 121.900(Banawara) of NH-206 on Hybrid Annuity Mode under NHDP Phase - IV, in the State of Karnataka; &
C)4 Laning of Belgaum - Khanapur Section Km 0+000 - Km 30+800 (design chainage km 0+000-Km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode
ACL emerged as 'the Lowest Bidder' at the Financial Bid opening meeting held on 06 March 2018. The aggregate quoted Bid Project Cost for above 3 Projects is Rs.2991.70 crore.
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