Ashoka Buildcon’s SPVs -- Ashoka Sambalpur Baragarh Tollway -- has received second provisional completion certificate from NHAI for the balance stretch of 14.90 KM of the Project Highway and the Toll Collection has commenced from June 24, 2016 for the entire stretch of 88.20 KM for the Project Highway. The SPV is incorporated for the purpose of execution of the Project viz. four laning of Sambalpur- Bargarh-Orissa/ Chhattisgarh Border Section of NH-6 on DBFOT pattern under NHDP Phase III. The concession period as per concession agreement is 30 years.
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.
