Ashoka Buildcon’s SPV -- Ashoka Banwara Bettadahalli Road has executed a Concession Agreement with National Highways Authority of India (NHAI) on March 19, 2020, for the Project viz. Four Laning of Tumkur-Shivamogga section from Km 119+790 (Design Km 121+900) to Km 166+100 (Design Km170+415), Banwara to Bettadahalli section of NH-206 in the State of Karnataka, on Hybrid Annuity Mode under Bharatmala Priyojana (Package - III).
The SPV is a wholly owned subsidiary of the company. The accepted Bid Project Cost is Rs 1,035.50 crore.
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.
Company Name | CMP |
---|---|
Larsen & Toubro | 3519.25 |
Rail Vikas Nigam | 258.65 |
KEC International | 693.50 |
Kalpataru Projects | 1200.45 |
NCC | 243.50 |
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