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Ashoka Buildcon achieves financial closure for NHAI road project

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Capital Market
Last Updated : Mar 30 2017 | 12:02 AM IST

In State of Punjab

Ashoka Buildcon announces the receipt of Letter dated 28 March 2017 from National Highways Authority of India ('NHAI') regarding the achievement of Financial Closure and Appointed Date as 15 March 2017 for the Project viz. Request for Proposal for '4/6 laning of Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar km. 10+185 (design chainage) to Samrala Chowk, Ludhiana km. 86+199 (design chainage) in the State of Punjab on Hybrid Annuity Mode ('Project'). The Project is being implemented by Ashoka Kharar Ludhiana Road, a Wholly Owned Subsidiary of Ashoka Concessions, a subsidiary of the Company.

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First Published: Mar 29 2017 | 11:22 AM IST

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