Ashoka Buildcon has received a Letter from National Highways Authority of India (NHAI) regarding the achievement of Financial Closure and Appointed Date as March 15, 2017 for Kharar to Ludhiana section project. The project is being implemented by Ashoka Kharar Ludhiana Road, a wholly owned subsidiary of Ashoka Concessions, a subsidiary of the company.
The project is for 4/6 laning of Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar km. 10+185 (design chainage) to Samrala Chowk, Ludhiana km. 86+199 (design chainage) in the state of Punjab on Hybrid Annuity Mode.
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.
