New Delhi, Mar 29 (PTI) Highways builder Ashoka Buildcon today said its arm has won a Rs 1,687 crore project from the National Highways Authority of India (NHAI) for a section of the Vadodara-Mumbai expressway in Gujarat. Also Read - Male To Kevadia in a Seaplane, PM Modi's Dream Project Takes Off

“The company’s subsidiary viz Ashoka Concessions Ltd (ACL) has received a letter of award from NHAI for the project viz construction of 8 lane stretch of Vadodara-Mumbai expressway from Ankleshwar to Manubar in Gujarat,” Ashoka Buildcon said in a regulatory filing to the BSE. Also Read - PM Modi Inaugurates 3 Major Projects in Gujarat | All You Need to Know

The project is under National Highways Development Project phase IV. Also Read - Bus Full of Passengers Falls Into Canal Near Rajkot, 2 Injured

The project will be built under hybrid annuity mode.

“The accepted bid project cost is Rs 1,687 crore,” the filing added.

This is published unedited from the PTI feed.