Ashoka Belgaum Khanapur Road Private Limited has received Appointed Date for the NHAI Project vide NHAI letter dated June 10, 2019. The accepted Bid Project Cost is Rs.856.20 Crore. The construction period of the Project is 910 days from an Appointed Date and operation period is 15 years from COD.

Ashoka Belgaum Khanapur Road Private Limited is a wholly owned subsidiary of Ashoka Concessions Limited (ACL), a Subsidiary of the Ashoka Buildcon Limited. ACL was the preferred bidder for the Project viz. 4 Laning of Belgaum - Khanapur Section Km 0+000 - Km 30+800 (design chainage km 0+000 - Km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode.