A Buildcon's subsidiary gets financial closure of ₹1,000-cr road project

Ashoka Buildcon
The wholly-owned subsidiary of Ashoka Buildcon, Ashoka Kandi Ramsanpalle Road, has achieved financial closure of a road project involving an investment of ₹1,000 crore in Telangana. The project involves four laning of NH-161 from Kandi to Ramsanpalle under the Bharatmala Pariyojna on Hybrid Annuity Mode (HAM). Ashoka Buildcon, which is an infrastructure builder of national repute, is engaged in construction & maintenance of roads and supporting services to land support-operation of toll road projects.