The work concerns an eight-lane, access-controlled stretch running from Km 128.0 to Km 154.6. It covers the Karvad to Jujuwa section in Gujarat and will be executed in the engineering, procurement and construction (EPC) mode, with the quoted contract value excluding goods and services tax (GST).
The contract value is Rs. 8.66 bn, based on the company’s quoted amount of Rs. 8.66 bn Ashoka Buildcon will have 18 months to complete the project, while the contract includes a defect liability period of 10 years. The L1 designation identifies the bidder offering the lowest evaluated price in the tender process.
The expressway order adds to Ashoka Buildcon’s recent order wins in the transport infrastructure segment. Last month, the company received a letter of acceptance from North Eastern Railway for a Rs. 2.9 bn contract to upgrade electric traction power supply installations in Uttar Pradesh.
That railway project covers the Gorakhpur Cantt-Chhapra Gramin section of the Varanasi division. Its scope includes the design, supply, erection, testing and commissioning of traction substations and associated switching posts for a 2x25 kV AC traction feeding system. The work will also be executed under the EPC mode, with completion scheduled within 24 months from the commencement date and a defect liability period of two years.