The Consortium has submitted its bid to the Chief Project Officer, Karnataka State Highways Improvement Project (KSHIP) engaged by Government of Karnataka (Public works Department). The Chief Project Officer of KSHIP has declared Ashoka Buildcon along with GVR Infra Projects, a Consortium (51:49) as the successful bidder on February 01, 2014 for the project.
Scope of the project is to Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) the Existing State Highway (SH18) from Mudhol to Maharashtra Border (approximate length 107.937 Kms) in the State of Karnataka on DBFOMT Annuity Basis. The project is on Annuity Basis with a Concession Period of 10 years and KSHIP cost of the Project is Rs. 317.60 crore.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.
Scope of the project is to Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) the Existing State Highway (SH18) from Mudhol to Maharashtra Border (approximate length 107.937 Kms) in the State of Karnataka on DBFOMT Annuity Basis. The project is on Annuity Basis with a Concession Period of 10 years and KSHIP cost of the Project is Rs. 317.60 crore.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.
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