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Ashoka Buildcon’s arm receives appointed date for NHAI project in Karnataka

25 Jan 2022 Evaluate

Ashoka Buildcon’s wholly owned subsidiary -- Ashoka Bettadahalli Shivamogga Road has received October 20, 2021 as an Appointed Date for the Project viz. 'Four laning of Tumkur Shivamogga section from Ch. 170+415 km. to Ch. 226+750 km. Bettadahalli Shivamogga of NH-206 on Hybrid Annuity Mode under Bharatmala Pariyojna in the State of Karnataka (Package-IV)'. The Construction Period is 24 months from the Appointed Date and Operation Period is 15 years from Commercial Operations Date (CoD).

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.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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