{"id":342822,"date":"2020-03-20T15:41:50","date_gmt":"2020-03-20T10:11:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=342822"},"modified":"2020-03-20T15:41:50","modified_gmt":"2020-03-20T10:11:50","slug":"ashoka-buildcon-arm-executes-concession-pact-with-nhai-for-road-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ashoka-buildcon-arm-executes-concession-pact-with-nhai-for-road-project\/","title":{"rendered":"Ashoka Buildcon arm executes concession pact with NHAI for road project"},"content":{"rendered":"<p>Ashoka Buildcon on Friday announced the execution of a concession agreement with NHAI for a Rs 1,035.5 crore road project in Karnataka.<\/p>\n<p>&#8220;Ashoka Banwara Bettadahalli Road Pvt Ltd (SPV) has executed a concession agreement with National Highways Authority of India (NHAI) on March 19, 2020, for the project viz. four laning of Tumkur-Shivamogga section&#8230;in the state of Karnataka, on hybrid annuity mode under Bharatmala Priyojana (Package &#8211; III),&#8221;<\/p>\n<p>Ashoka Buildcon said in a filing to the BSE.<\/p>\n<p>The SPV is a wholly owned subsidiary of the company, the filing said.<\/p>\n<p>&#8220;The accepted bid project cost is Rs 1,035.50 crore,&#8221; the filing said.<\/p>\n<p>Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21 per cent over the previous close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ashoka Buildcon on Friday announced the execution of a concession agreement with NHAI for a Rs 1,035.5 crore road project in Karnataka. &#8220;Ashoka Banwara Bettadahalli Road Pvt Ltd (SPV) has executed a concession agreement with National Highways Authority of India (NHAI) on March 19, 2020, for the project viz. four laning of Tumkur-Shivamogga section&#8230;in the state of Karnataka, on hybrid annuity mode under Bharatmala Priyojana (Package &#8211; III),&#8221; Ashoka Buildcon said in a filing to the BSE. The SPV is a wholly owned subsidiary of the company, the filing said. &#8220;The accepted bid project cost is Rs 1,035.50 crore,&#8221; the [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[230],"tags":[],"class_list":["post-342822","post","type-post","status-publish","format-standard","hentry","category-roads"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=342822"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342822\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=342822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=342822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=342822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}