Others

Ashoka Buildcon Ltd - Updates On Achievement Of Financial Closure

| Updated on May 07, 2019 Published on May 07, 2019

Ashoka Buildcon Limited (the Company) is pleased to inform that Ashoka Belgaum Khanapur Road Private Limited, a wholly owned subsidiary of Ashoka Concessions Limited, a Subsidiary of the Company, is in receipt of letter from National Highways Authority of India for the Approval of Financial closure for the Hybrid Annuity (HAM) Project as mentioned below.

SPV name and Project NHAI Estimated Project Cost
(Rs. Crore) SPV Bid Project Cost (Rs. Crore) Construction & Operation Period
Ashoka Belgaum Khanapur Road Private Limited
Construction of Four (4) Lane of Belgaum Khanapur Section Km 0+000 - Km 30+800 (Design chainage Km 0+000 to Km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode (Project) 896.81 856.20 Construction period: 2.5 yrs. from appointed date.

Operation Period : 15 yearsfrom COD

This is for your kind information.

Pdf Link: Ashoka Buildcon Ltd - Updates On Achievement Of Financial Closure

Source : BSE - www.bseindia.com

Published on May 07, 2019
This article is closed for comments.
Please Email the Editor