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Ashoka Buildcon has denied the NHAI's allegations in the girder fall incident. It added that the girder fell on a moving vehicle, which had entered a prohibited construction zone. The company said it is in the process of ascertaining the financial impact of the incident and would notify the exchanges regarding the same in due course of time. Its other operations remain unaffected, it said.
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CNBC TV18•14-12-2025, 21:13

Ashoka Buildcon JV secures ₹1,041 crore BMC flyover project in Mumbai

  • •Ashoka Buildcon JV won a ₹1,041 crore flyover project from the Brihanmumbai Municipal Corporation (BMC).
  • •The project involves constructing a flyover connecting J.J. Bridge and Sitaram Selam Bridge (Y Bridge) in Mumbai.
  • •Ashoka Buildcon holds a 51% stake in the Ashoka–Aakshaya JV, which secured the contract.
  • •The contract, awarded on an EPC basis, is to be executed within 24 months, excluding the monsoon period.

Why It Matters: This project will enhance Mumbai's traffic flow and connectivity.

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