GVR Infra and Ashoka Buildcon acquire INR 985 crore road project - TopicsExpress

GVR Infra and Ashoka Buildcon acquire INR 985 crore road project in TN A consortium of Ashoka Buildcon and GVR Infra Projects has acquired an INR 985.44 crore bond from the Tamil Nadu Road Development Company. The contract will be useful for the development work towards the Chennai outer ring road (Phase II). The 50:50 consortiums will be applied to the project to design, build, finance, operate and transfer basis (DBFOT).

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