Ashoka Concessions - Ashoka Concessions

Company description

Ashoka Buildcon Limited builds and operates roads and bridges in India on a build, operate and transfer ("BOT") basis.

The company also engineers and designs, procures the raw materials and equipment for and constructs roads, bridges, distribution transformers, electricity substations, commercial buildings, industrial buildings and institutional buildings for third parties. In addition, Ashoka Buildcon performs maintenance for third parties, manufactures and sells ready-mix concrete (RMC), bitumen and pre-cast concrete poles and collects tolls on roads and bridges owned and constructed by third parties.

Company details

RNA Azzure, Flat N0. 202, 2ndFloor,

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • February 08, 2022

    Contract awarded for sewage treatment plants PPP along Poisar River

    Municipal Corporation of Greater Mumbai (MCGM) has awarded a Letter of Acceptance to Ashoka Buildcon Limited for the Sewage Treatment Plants PPP project in India. The company will be responsible for...

    Read more
  • September 07, 2021

    EPC contractor appointed for Indian BOT road concession in West Bengal

    Adani Road Transport, the project owner of NH-19 BOT toll road, has awarded the engineering, procurement, and construction (EPC) contract to Ashoka Buildcon for the NH-19 road section in West Ben...

    Read more
  • January 08, 2020

    Contract signature for four laning of NH-161 section from Kandi to Ramsanpalle

    National Highways Authority of India (NHAI) has signed the concession agreement with Ashoka concessions for the four laning of NH-161 section from Kandi to Ramsanpalle project. The project consists of...

    Read more
  • November 12, 2019

    NIIF and I Squared Capital interested to acquire Ashoka Concessions

    NIIF and I Squared Capital-owned Cube Highways have shown interest in the acquisition of Ashoka Concessions. Ashoka Concessions is a company owned by Ashoka Buildcon and Macquarie Infrastruc...

    Read more
  • December 04, 2018

    Maharashtra Government extends Ahmednagar-Aurangabad road concesion

    The Government of Maharashtra has extended the concession period for the Ahmednagar-Aurangabad road (SH-60) project of Ashoka Buildcon. The extension of the project will start on Decemb...

    Read more
  • August 12, 2016

    Ashoka receives LOA for road PPP in India

    India's Ashoka Buildcon has received from the National Highways Authority of India (NHAI) the letter of award for the 4/6 Laning of Kharar to Ludhiana Section of NH-9...

    Read more
  • July 25, 2016

    Ashoka Buildcon emerges as lowest bidder for road PPP project in India

    The company proposed a total project investment of INR16 billion (US$237 million). As we informed in early April, the proposals were submitted on April 14th.

    Read more
  • March 09, 2016

    Ashoka Buildcon notices termination of concession agreement to NHAI

    Ashoka Buildcon has announced that PNG Tollway has given notice of termination of the concession agreement to NHAI in respect of the Pimpalgaon-Nasik-Gonde road of NH-3 in Maharashtra, India...

    Read more
  • December 15, 2015

    Ashoka Buildcon refinances and buys stake in Jaora-Nayagaon Toll Road

    Ashoka Buildcon has refinanced and bought a stake in Jaora-Nayagaon section of state highway number 31 in Madhya Pradesh, India.

    Read more
  • September 15, 2015

    Ashoka Buildcon wins two road PPP project in Karnataka

    Karnataka Road Development Corporation Limited (KRDCL) has selected Ashoka Buildcon as the preferred bidder for two roads PPP projects in India.

    Read more