Ashoka Buildcon has received a Letter of Acceptance (LoA) from Ministry of Road Transport and Highways Government of India (MoRTH). The accepted project cost is Rs 219.40 crore.
The project is for Engineering, Procurement and Construction (EPC) of Rehabilitation and Upgrading to 2 lanes / 2 lane with Paved Shoulders Configuration and Strengthening of Madhugiri-Chikkaballapura-Mulbagal Section (km 343.800 to km 483.151) of NH-234 in the state of Karnataka (Package No NHIIP-KA-234-10) for Lot-ll - km 400.330 to km 483.151 under Phase-I of National Highways Inter-connectivity Improvement Projects (NHIIP).
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.
