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Ashoka Buildcon's SPV for Belgaum Dharwad road project gets premium deferment sanction

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Capital Market

From the NHAI

Ashoka Buildcon announced that one of its Project SPVs viz. Ashoka Belgaum Dharwad Tollway which currently operates the Project viz. "6 laning of Belgaum Dharwad section of NH-4 from km. 433.000 to km. 515.000 under NHDP Phase V in the State of Karnataka on DBFOT basis, has received a sanction letter from National Highways Authority of India (NHAI) for the premium deferment for the mentioned project and has signed a Supplementary Agreement to the Concession Agreement with NHAI under its Premium deferment scheme.

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First Published: Sep 26 2014 | 10:38 AM IST

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