Ashoka Buildcon has informed that the Company has received Letters of Award (‘LoAs’) from Karnataka Road Development Corporation Limited (‘KRDCL’) in respect of the Projects. PROJECT NO. WCP 1: Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Existing State Highway Bagewadi (NH-4)-Bailhongal - Saundatti in the State of Karnataka on DBFOMT Annuity Basis. The estimated Project Cost as per KRDCL is Rs. 235 Crore and PROJECT NO. WCP 7, Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Existing State Highway Hungund - Muddebihal - Talikot in the State of Karnataka on DBFOMT Annuity Basis. The estimated Project Cost as per KRDCL is Rs. 205 Crore.
The above information is a part of company’s filings submitted to BSE.
