Ashoka Buildcon’s AKLR executes concession agreement with NHAI

Ashoka Buildcon’s AKLR has executed a Concession Agreement with National Highways Authority of India (NHAI) on September 22, 2016, for 4/6 laning of Kharar to Ludhiana section of NH-95 (new NH-05) from Kharar km. 10+185 (design chainage) to Samrala Chowk, Ludhiana km. 86+199 (design chainage) in the state of Punjab on Hybrid Annuity mode. Ashoka Kharar Ludhiana Road (AKLR) is a wholly owned subsidiary of Ashoka Concessions, a subsidiary of the company.

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.