Ashoka Buildcon announced on Monday, January 6 that its subsidiary, Ashoka Bowaichandi Guskara Road Pvt Ltd, has signed a concession agreement with the National Highways Authority of India (NHAI). The contract includes the development of a four-lane economic corridor in West Bengal.
The project focuses on constructing the Bowaichandi to Guskara-Katwa Road Section on NH 116A. With an estimated cost of 1,391 INR-Crore, it will be executed under the Hybrid Annuity Model (HAM). Additionally, the construction timeline is set at 910 days, including the monsoon period.
Also Read: Top Upcoming Highway Projects by MSRDC
This ambitious project will enhance connectivity and foster economic growth in the region. Ashoka Buildcon continues to redefine infrastructure development in India.
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