Ashoka Buildcon disclosed that its subsidiary, Ashoka Kandi Ramsanpalle Road, has executed a concession agreement with the NHAI for a road project in Telangana. The ₹1,000 crore project involves four laning of 39.98 km of National Highway (NH)-161 under Bharatmala Pariyojna on Hybrid Annuity Mode. The Center had recewntly announced ₹102 lakh crore of infrastructure projects that will be implemented in the next five years. These will be in sectors such as power, railways, urban irrigation, mobility, education and health.
