Ashoka Buildcon’s arm receives LoA from NHAI

23 Dec 2015

Ashoka Buildcon’s subsidiary Ashoka Concessions has received Letter of Acceptance (LoA) for the Project -- Engagement of User Fee Collection Agency on the Basis of Competitive Bidding (e-tender) for Kognoli Toll Plaza located at Km 591.240 for the section from Km. 537.000 to Km. 592.240) Belgaum to Karnataka /Maharashtra Border Section) on NH - 4 in the State of Karnataka from National Highways Authority of India (NHAI). The estimated value of the contract is Rs 48.96 crore. Ashoka Concessions has been engaged by NHAI to collect user fee for a period of one (1) year.

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.

Related Ashoka Buildcon Ltd. Links:

Ashoka Buildcon Share Price

84.70 -0.50 (-0.59%) May 18, 18:01
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1417.65
Rail Vikas Nigam 29.30
KEC International 400.05
NCC 80.30
PNC Infratech 237.25
View more..
Sensex vs Ashoka Buildcon
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323