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Ashoka Buildcon’s SPV receives sanction letter for premium deferment from NHAI

26 Sep 2014

Ashoka Buildcon’s SPV - Ashoka Belgaum Dharwad Tollway which currently operates 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.

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.

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