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Ashoka Buildcon announced that the Company has received Letters of Award ("LoAs") from Karnataka Road Development Corporation ("KRDCL") in respect of the following Projects;
1. PROJECT NO. WCP 1 : Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Existing State Highway Bagewadi (NH-4)-Bailhongal - Saundatti in the State of Karnataka on DBFOMT Annuity Basis;
The estimated Project Cost as per KRDCL is Rs. 235 crore.
2. PROJECT NO. WCP 7, Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Existing State Highway Hungund - Muddebihal - Talikot in the State of Karnataka on DBFOMT Annuity Basis
The estimated Project Cost as per KRDCL is Rs. 205 crore.
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