Ashoka Buildcon Ltd. receives LOA from NHAI for Tumkur-Shivamogga road project.

Ashoka Buildcon Limited ('the Company') has received a Letter of Award (LOA) from National Highways Authority of India ('NHAI') 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 accepted Bid Project Cost is Rs.1,035.50 Crore.

The Construction Period for the Project is 2 years from the Appointed Date and the Operation Period is 15 years from the Commercial Operation Date (CoD).

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