Breaking News

You are here » Indian-Commodity  :  Investment  :  Ashoka Buildcon's arm emerges lowest bidder for project in Karnataka

22-Feb2019

Ashoka Buildcon's arm emerges lowest bidder for project in Karnataka

Ashoka Buildcon's subsidiary -- Ashoka Concessions (ACL) has emerged as 'the Lowest Bidder' for the Project namely Tumkur - Shivamogga Section from Km 170.415 to Km 226.750 from Bettadahalli Shivamogga (Package IV) on Hybrid Annuity Mode under Bharatmal in the State of Karnataka. The quoted bid project cost for the project is Rs 1,382 crore.

Earlier, the company had submitted its bid to National Highways Authority of India (NHAI) for the Project.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.


Related News

View all news

Hulst B.V. acquires over 4 lakh shares of NIIT Technologies

Hulst B.V. has acquired 463,219 equity shares (with face value of Rs 10 each) of NIIT Technologies, on May 10, 2019.NIIT Technologies is a leading global IT solutions organization servicing customers across......

Cox & Kings enters into strategic tie-up with RCI

Cox & Kings (India) has entered into a strategic tie-up with RCI, the global leader in vacation exchange and part of the Wyndham Destinations, to facilitate ancillary travel services for their......

UPL invests Rs 9.24 crore in Allfresh Supply Management

UPL has invested Rs 9.24 crore in Allfresh Supply Management constituting 26.75% (on fully diluted basis) in the paid-up share capital of Allfresh.Allfresh is engaged in procuring and supplying fresh produce......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......