The National Highways Authority of India (NHAI) project in Karnataka has been given an Appointed Date of October 20, 2021, by Ashoka Buildcon Limited’s wholly-owned subsidiary ‘Ashoka Bettadahalli Shivamogga Road Private Limited.’
On September 24, 2021, the firm announced that the project had reached financial close.
‘Four laning of Tumkur Shivamogga section from Ch. 170+415 km to Ch. 226+750 km’ is the project name. Bettadahalli Shivamogga on NH-206 in Karnataka (Package-IV) on Hybrid Annuity Mode under Bharatmala Pariyojna’. The Construction Period begins 24 months after the Appointed Date and ends 15 years after the Commercial Operations Date (CoD).
