Ashoka Buildcon's Rs 1,673 crore infrastructure project halted following Bombay High Court order
The ₹1,673.25 crore project, awarded via a Letter of Acceptance dated October 10, 2024, involved the development of 20-meter-wide and above roads, construction of major and minor structures such as flyovers, minor bridges, VUPs, and PUPs, along with allied electrical works in TPS-10 and TPS-11 regions under the NAINA scheme.
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However, as per a communication from CIDCO dated June 5, 2025, Ashoka Buildcon has been instructed to halt all project-related activities. This directive follows a ruling by the Hon'ble High Court of Bombay, which quashed the financial bid that led to the contract award.
Ashoka Buildcon has stated that the material and financial impact of the halt will be evaluated and disclosed in due course. No contract execution had taken place as of the date of the notice.
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