Ashoka Buildcon's arm receives LoA for NHAI road project in Karnataka

Ashoka Buildcon announced that the Company's subsidiary viz. Ashoka Concessions ('ACL') has received a Letter of Award (LOA) from National Highways Authority of India ('NHAI') for the Project viz. Tumkur - Shivamogga Section from Km 170.415 to Km 226.750 from Bettadahalli Shivamogga (Package IV) on Hybrid Annuity Mode under Bharatmala in the State of Karnataka; ('Project')'. The accepted Bid Project Cost is Rs.1382 crore.

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