Ashoka Buildcon’s JV inks pact with Government of Tamil Nadu

19 Sep 2013

GVR-Ashoka Chennai, a joint venture (JV) of Ashoka Buildcon and GVR Infra Projects has executed a Concession Agreement with Government of Tamil Nadu, Highways and Minor Ports Department on September 18, 2013. The agreement is executed for the Project viz. ‘Development of Chennai Outer Ring Road Phase ll from Nemilicheri in NH 205 To Minjur in Thiruvottiyur -Ponneri - Panchetti (TPP) Road on Design, Build, Finance, Operate and Transfer (DBFOT) Annuity basis at Chennai, in the State of Tamil Nadu (‘Project’).

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.

Related Ashoka Buildcon Ltd. Links:

Ashoka Buildcon Share Price

79.30 1.85 (2.39%) Dec 01, 18:59
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1115.70
Rail Vikas Nigam 22.95
KEC International 375.45
NCC 44.70
Simplex Infrastruct. 35.10
View more..
Sensex vs Ashoka Buildcon
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback