The Project is executed by Ashoka Ranastalam Anadapuram Road, (SPV) a Wholly Owned Subsidiary of Ashoka Concessions, a Subsidiary of the Company.
Further to inform that consequent to the declaration of CoD, the SPV is eligible for receipt of Annuity payments from NHAI within 6 months from the date of achievement of CoD i.e. 6 months from 24 September 2020.
The Company also announces that the said SPy has received a Provisional Completion Certificate for completion of 45.550 KMs out of total Project highway Length of 47.00 KMs.
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