Epic Research Update : Ashoka Buildcon

Ashoka Buildcon’s SPVs — Ashoka Sambalpur Baragarh Tollway — has received provisional completion certificate for its National Highway project viz. Four Laning of Sambalpur-Baragarh-Orissa/Chattisgarh Border Section of NH-6 KM 0.00 to KM 88.00 (Length 88.00 KM) in the State of Orissa to be executed on BOT (Toll) Project on DBFOT pattern under NHDP Phase III, and the Toll Collection has commenced from midnight (00.00 hours) October 01, 2014 (for 73.30 km length of project highway). The total concession period is 30 years including Construction Period of 30 months.



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Posted in: Indian Market Tips