Home NewsTop NewsAshoka Buildcon’s JV with Aakshya Infra awarded Rs 474.38-cr bridge project

Ashoka Buildcon’s JV with Aakshya Infra awarded Rs 474.38-cr bridge project

by Constro Facilitator
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Ashoka Buildcon’s JV with Aakshya Infra awarded Rs 474.38-cr bridge project

Ashoka Buildcon, in collaboration with Aakshya Infra Project, has been awarded the letter of acceptance (LOA) by Bihar Rajya Pul Nirman Nigam for the construction of a significant bridge project over the River Gandak.

This initiative entails the construction of the HLRCC Bridge, which will span a total length of 2,280 meters, in addition to other substantial bridges and approach roads that will link Fatehabad in the Paroo block to Chanchaliya in the Saraiya block of Muzaffarpur district.

The project will be carried out on an Engineering, Procurement, and Construction (EPC) basis. The accepted bid price for this order is Rs 474.38 crore, inclusive of GST.

As the principal member of the joint venture holding a 51 percent stake, Ashoka Buildcon’s portion of the project bid price is 241.93 crore, which also includes GST. This project is anticipated to significantly improve regional connectivity and infrastructure within Bihar.

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