Ashoka Buildcon’s SPV gets provisional completion certificate for National Highway project

Ashoka Buildcon’s SPVs -- Ashoka Sambalpur Baragarh Tollway -- has received provisional completion certificate for its National Highway project viz. Four Laning of Sambalpur-Baragarh-Orissa/Chattisgarh Border Section of NH-6 KM 0.00 to KM 88.00 (Length 88.00 KM) in the State of Orissa to be executed on BOT (Toll) Project on DBFOT pattern under NHDP Phase III, and the Toll Collection has commenced from midnight (00.00 hours) October 01, 2014 (for 73.30 km length of project highway). The total concession period is 30 years including Construction Period of 30 months.

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.