NHAI withdraws Rs 2,161 crore order awarded to Ashoka Buildcon

03 May 2023 CW Team

According to Ashoka Buildcon, the National Highways Authority of India (NHAI) has withdrawn the letter of award for a project in Danapur, Bihar. The total contract value was Rs 2,161 crore.

The NHAI had barred the company, so the contract was not signed and the letter of award was withdrawn, according to Ashoka Buildcon's regulatory filing to the exchanges.

The NHAI awarded Ashoka Buildcon the project of constructing a four-lane elevated corridor and at-grade improvements of the Danapur-Bihta section, at-grade improvements to the four-lane section on the Danapur side, and upgradation of the existing two-lane carriageway to four-lane carriageway of the Bihta-Koilwar section in Bihar on January 25, 2023.

According to the proposal request, the NHAI cancelled the bidding process and invited a new bid for the project.

According to Ashoka Buildcon, the debarment will expire on April 15, 2023, and the company will be eligible to participate in all bids called by various authorities, including the NHAI.

Also Read
Rs 45 bn investment by Macrotech Developers on real estate projects
NE India inaugurates its second largest air cargo terminal

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..