Don’t miss the latest developments in business and finance.

Ashoka Buildcon updates on road project in State of Maharashtra

Image
Capital Market
Last Updated : Sep 11 2017 | 2:47 PM IST

Gets extension in concession period by one year

Ashoka Buildcon announced that the Company Public Works Dept. of the State of Maharashtra (PWD) has given an extension in Concession Period by one year i.e. up to 09 September 2018 for its Project viz. four laning of long road sections from Ahmednagar to Ghodegaon and three laning from Ghodegaon to Wadala under Build-Operate-Transfer (BOT) basis on State Highway 60 ('Project'). The Toll notification is issued under the approved variation order by the State Government of Maharashtra.

The toll revenue for Q1FY18 of the Project is Rs. 6.44 Crore.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 11 2017 | 2:18 PM IST

Next Story