Ashoka Buildcon has emerged as lowest (L1) bidder for EPC road project in state of Punjab.
The National Highways Authority of India (NHAI) had floated the request for proposal (RfP) for the project.
The scope of work envisages development of Memmadpur (Ambala)-Banur (IT City Chowk)-Kharar (Chandigarh) Corridor under Bharatmala Pariyojana - (Package-II) six-laning of IT City Chowk to Kurali Chandigarh Road (design length - 31.23 km) in the state of Punjab on EPC mode.
The quoted bid price for the project is Rs 726 crore.