Ashoka Buildcon receives highway EPC contract worth Rs 1,567.45 cr
ROADS & HIGHWAYS

Ashoka Buildcon receives highway EPC contract worth Rs 1,567.45 cr

Ashoka Buildcon, Highway developer, told the media that it received an EPC contract worth Rs 1,567.45 crores from Adani Road Transport Ltd for a highway project in West Bengal.

Ashoka Buildcon told the media that it had received a Letter of Award from Adani Road Transport in an exchange filing to implement civil and associated works based on engineering, procurement and construction (EPC) for six-laning a section of national corridor NH-19 from Panagarh to Palsit in West Bengal.

It said that the price of the EPC contract that has been accepted is Rs 1,567.45 crore.

Adani Road Transport is an entirely owned subsidiary of Adani Enterprises Ltd, incorporated with an aim to carry out the construction business, operation and maintenance of highways, expressways and roads.

The Adani group announced that it won an award from the National Highways Authority of India (NHAI) in April for the road project in West Bengal based on build-operate-transfer (BOT).

Additionally, Adani Road Transport mentioned that the cost estimated by NHAI for the project was Rs 2020.93 crore, while the concession period for it was 20 years, including a construction period of 2.5 years.

Image Source


Also read: Govt approves Rs 1,539 cr national highway project in Odisha

Ashoka Buildcon, Highway developer, told the media that it received an EPC contract worth Rs 1,567.45 crores from Adani Road Transport Ltd for a highway project in West Bengal. Ashoka Buildcon told the media that it had received a Letter of Award from Adani Road Transport in an exchange filing to implement civil and associated works based on engineering, procurement and construction (EPC) for six-laning a section of national corridor NH-19 from Panagarh to Palsit in West Bengal. It said that the price of the EPC contract that has been accepted is Rs 1,567.45 crore. Adani Road Transport is an entirely owned subsidiary of Adani Enterprises Ltd, incorporated with an aim to carry out the construction business, operation and maintenance of highways, expressways and roads. The Adani group announced that it won an award from the National Highways Authority of India (NHAI) in April for the road project in West Bengal based on build-operate-transfer (BOT). Additionally, Adani Road Transport mentioned that the cost estimated by NHAI for the project was Rs 2020.93 crore, while the concession period for it was 20 years, including a construction period of 2.5 years. Image Source Also read: Govt approves Rs 1,539 cr national highway project in Odisha

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code