Ashoka Buildcon has received Letter from National Highways Authority of India (NHAI) regarding declaration of an Appointed Date as on November 16, 2017, for the Project viz. Six laning of Ranastalam to Anandpuram (Visakhapatnam) (from km 634.000 to km 681.000) section of NH-5 (New NH- 16) in the State of Andhra Pradesh under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project.
The project is being implemented by Ashoka Ranastalam Anandapuram Road, a wholly owned subsidiary of Ashoka Concessions, a subsidiary of Ashoka Buildcon.
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.
