Ashoka Buildcon updates on road project in State of Maharashtra

Capital Market 

Gets extension in concession period by one year

Ashoka Buildcon announced that the Company Public Works Dept. of the State of (PWD) has given an extension in Concession Period by one year i.e. up to 09 September 2018 for its Project viz. four laning of long road sections from Ahmednagar to Ghodegaon and three laning from Ghodegaon to Wadala under Build-Operate-Transfer (BOT) basis on State Highway 60 ('Project'). The Toll notification is issued under the approved variation order by the State Government of

The toll revenue for Q1FY18 of the Project is Rs. 6.44 Crore.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 11 2017. 14:18 IST