MoneyWorks4Me

Ashoka Buildcon commences Toll collection at Pimpalgaon-Nasik-Gonde Road Project

27 May 2014 Evaluate

Ashoka Buildcon has started the Toll collection on May 23, 2014 for 55.161 km including elevated section of 5.7 KMs, for Pimpalgaon-Nasik-Gonde Road Project of National Highways Authority of India (NHAI).

The Project viz. Designing, Engineering, Financing, Procurement, Construction, Operation and Maintenance of Six Laning of Pimpalgaon-Nasik-Gonde Section of NH - 3 From Km. 380.000 to Km 440.000 in the State of Maharashtra under NHDP Phase - 111A BOT Toll Basis, is executed by PNG Tollway  whereof Ashoka Concessions, Company's Subsidiary, is 26% equity shareholder.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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