Ashoka Buildcon533271Major contract win
Declared L1 Lowest Bidder for NHAI Expressway Package in Gujarat
Ashoka Buildcon has been declared L1 (lowest bidder) for an NHAI project.
By ScoutQuest · · 1 min read
- Quoted EPC price
- Rs.865.90 Crore, excl. GST
- Execution period
- 18 months
- Defect liability period
- 10 years
What the update says
- The company had submitted a bid to the National Highways Authority of India (NHAI) and has been declared the Lowest Bidder (L-1) for the project.
- The quoted EPC Price for the project is Rs.865.90 Crore, excluding GST.
- The project is the balance work for construction of an 8-lane access-controlled expressway from Km 128.0 to Km 154.6 of the Vadodara-Mumbai Expressway (Karvad to Jujuwa section) in Gujarat, on EPC mode (Pkg-IX).
Key terms in the annexure
- Contract mode is Engineering Procurement Construction (EPC), and the awarding entity is a domestic one.
- Time period for execution is 18 months.
- Defect Liability Period is 10 years, meaning the company carries responsibility for defects over that window after construction.
- On promoter/promoter group/group company interest in the awarding entity, and on whether the contract falls under related party transactions, the update marks both as Not Applicable.
How a retail reader can read this
- The update uses the term Lowest Bidder (L-1), so the company has been declared the lowest of the bids submitted for this package.
- The size figure to note is the quoted EPC price of Rs.865.90 Crore excluding GST, which is the value of the work as quoted.
- The two time figures tell you the delivery and liability horizon: 18 months to execute and a 10-year defect liability period.
- The work is described as balance work on a package of the Vadodara-Mumbai Expressway in Gujarat, so the scope is a defined stretch from Km 128.0 to Km 154.6 rather than a full greenfield corridor.
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2 Nov 2026
Earnings call on November 6, 2026 to discuss Q2 and H1 FY27 results
2 Nov 2026
More numbers
- Quoted EPC Price for the Project (excl. GST)Rs.865.90 Crore
- Time period to execute the contract18 months
- Defect Liability Period10 years
- Number of lanes of the expressway8-lane
Source: BSE · 5 Nov 2026
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