Ashoka Buildcon announces the start of toll collection today i.e. 4th May 2011, for its National Highways Authority of India (NHAI) Project of Four to Six Laning of Belgaum-Dharwad Section of NH-4 KM 433.00 to KM 515.00 (Length 79.36 KM) in the State of Karnataka to be executed on BOT (Toll) Project on DBFOTpattern under NHDP Phase V.
The total Project Cost is Rs.694 Crores and Concession Period of 30 years.
Ashoka Buildcon Limited received work order worth 6300 million for 6 laning of Belgaum Dharwad stretch of NH-4. This stretch is being developed on BOT basis by Ashoka Belgaum – Dharwad Tollway Pvt. Ltd. for National Highway Authority of India.