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Ashoka Buildcon update on Belgaum Khanapur road project

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Capital Market
Last Updated : Jun 11 2019 | 4:04 PM IST

Ashoka Belgaum Khanapur receives Appointed Date for NHAI Project

Ashoka Buildcon announced that Ashoka Belgaum Khanapur has received 07 March 2019 as an Appointed Date for the NHAI Project vide NHAI letter dated 10 June 2019.

The accepted Bid Project Cost is Rs.856.20 crore. The construction period of the Project is 910 days from an Appointed Date and operation period is 15 years from COD.

Ashoka Belgaum Khanapur Road is a wholly owned subsidiary of Ashoka Concessions (ACL), a Subsidiary of the Company. ACL was the preferred bidder for the Project viz. 4 Laning of Belgaum - Khanapur Section Km 0+000 - Km 30+800 (design chainage km 0+000 - Km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode.

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First Published: Jun 11 2019 | 3:33 PM IST

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