News ArticleAshoka Buildcon Wins Rs.865.90 Crore EPC Contract from NHAI for Vadodara-Mumbai Expressway Segment
Contract awarded for construction of 26.6 km 8-lane expressway section in Gujarat to be completed within 18 months
Ashoka Buildcon Limited has received a Letter of Acceptance from the National Highways Authority of India for an EPC contract worth Rs.865.90 crore (excluding GST) to construct an 8-lane access-controlled expressway segment on the Vadodara-Mumbai Expressway in Gujarat, with an 18-month execution period.
Ashoka Buildcon Limited
Order Wins
Ashoka Buildcon Limited has secured a significant Engineering, Procurement, and Construction (EPC) contract from the National Highways Authority of India to build an 8-lane access-controlled expressway segment from Km 128.0 to Km 154.6 on the Vadodara-Mumbai Expressway in Gujarat at a contract price of Rs.865.90 crore excluding GST.
The contract covers the balance construction work for the Vadodara-Mumbai Expressway section from Karvad to Jujuwa, spanning approximately 26.6 kilometers.
The project is to be executed under the Engineering Procurement Construction (EPC) mode with a defect liability period of 10 years.
The order was awarded by NHAI, a domestic entity, following a Request for Proposal process.
Ashoka Buildcon is expected to complete the project within 18 months from the commencement date.
Highlights
- Contract value: Rs.865.90 crore (excl. GST)
- Project: 8-lane access-controlled expressway section on Vadodara-Mumbai Expressway, Gujarat
- Contract type: EPC with 10-year defect liability period
- Project length: Km 128.0 to Km 154.6 (26.6 km approx.)
- Execution timeline: 18 months
- Awarding authority: National Highways Authority of India (NHAI)
Key Data Snapshot
What happened
- Ashoka Buildcon received the Letter of Acceptance for a National Highways Authority of India (NHAI) project.
- The project involves construction of an 8-lane access-controlled expressway segment on the Vadodara-Mumbai Expressway in Gujarat.
Key details
- The contract is awarded on an Engineering Procurement Construction (EPC) basis.
- The accepted EPC price is Rs.865.90 crore excluding GST.
- The project length covers Km 128.0 to Km 154.6 on the Vadodara-Mumbai Expressway, known as the Karvad to Jujuwa section.
- The contract includes a defect liability period of 10 years.
- The execution timeline for the project is 18 months.
- The awarding entity, NHAI, is a domestic government authority.
Order and execution details
- The project is the balance work for the construction of the specified expressway section.
- The contract was awarded following a Request for Proposal process.
- There is no promoter or related party interest involved in this contract.
Highlights
- Contract value: Rs.865.90 crore (excl. GST)
- Project: 8-lane access-controlled expressway section on Vadodara-Mumbai Expressway, Gujarat
- Contract type: EPC with 10-year defect liability period
- Project length: Km 128.0 to Km 154.6 (26.6 km approx.)
- Execution timeline: 18 months
- Awarding authority: National Highways Authority of India (NHAI)
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Master Circular No. HO/49/14/14(7)2025 -CFD- POD2/I/3762/2026 dated January 30, 2026
Not Applicable
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