Ashoka Buildcon receives CoD for Package II of Tumkur-Shivamogga Road Project

Ashoka Buildcon Limited has received the Commercial Operations Date (CoD).
It is a 41.61 km stretch of Tumkur-Shivamogga Four Laning Road Project (NH-206) [Package II] dated September 8, 2023. With receipt of provisional completion certificate (PCC) for 41.61 km out of total project stretch of 56.71 km.
The commercial operations are expected to commence soon. Ashoka Karadi Banwara Road Private Limited, a wholly owned subsidiary of Ashoka Concessions Limited, a subsidiary of Ashoka Buildcon Limited executed the project.
The project involves four laning of 56.71 km long Karadi-Banawara section from 66.54 km to 119.79 km (design chainage: 65.19 km to 121.9 km) of Tumkur-Shivmogga Road stretch on NH-206 at an sanctioned cost of Rs 12.25 billion. The project is being implemented on hybrid annuity mode (HAM) under Bharatmala Pariyojana.