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 TV1806/12/2025

Ashoka Buildcon bags ₹447 Cr extra BMC flyover contract

  • Ashoka Buildcon secured an additional ₹447.21 crore work order from the Brihanmumbai Municipal Corporation (BMC).
  • The order is for constructing flyover Arm-1 and Arm-2 at Maharashtra Nagar T Junction, expanding an existing flyover project on the Sion Panvel Highway.
  • This additional work increases the aggregate project cost to ₹1,573.79 crore.
  • The revised completion timeline for the entire project, including the new scope, is January 13, 2028.

Why It Matters: Ashoka Buildcon's expanded contract boosts its project value and Mumbai's infrastructure.

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