Ashoka Buildcon Achieves Key Milestone in Tumkur-Shivamogga Highway Project

Ashoka Buildcon has declared February 11, 2025, as the Commercial Operation Date (CoD) for an 8.595 km stretch of its Hybrid Annuity Mode (HAM) project on the Tumkur-Shivamogga section of NH-206 in Karnataka. The declaration follows a letter issued by the Independent Engineer on March 3, 2025.
This is in addition to the 41.61 km stretch that received CoD on September 8, 2023, as per NHAI’s letter dated September 26, 2023. The project, part of NHDP Phase-IV, spans from Karadi (km 65.195) to Banwara (km 121.900) and is executed by Ashoka Karadi Banwara Road, a wholly owned subsidiary of Ashoka Concessions Limited.
With this, the special purpose vehicle (SPV) has received a Provisional Certificate for completing 50.205 km out of the total 56.705 km project length.