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Ashoka Buildcon informs about execution of concession agreement

04 Jan 2020 Evaluate

Further to the announcement made on November, 23, 2019 regarding receipt of LoA, Ashoka Buildcon has informed that Ashoka Kandi Ramsanpalle Road (SPV) has executed a Concession Agreement with National Highways Authority of India (NHAI) on January 03, 2020, for the Project viz. Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode.

The above information is a part of company’s filings submitted to BSE.


Peers
Company Name CMP
Larsen & Toubro 4033.20
Kalpataru Projects 1346.90
NCC 124.80
Rail Vikas Nigam 191.35
KEC International 326.40
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