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Contact Address
market yard

Pune City Main


Telephone
9822261815

Website
www.ashokabuildcon.com

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We build and operate roads and bridges in India on a build, operate and transfer("BOT") basis. We believe we currently operate one of the highest number of toll-based BOT projects in India. In addition to BOT projects, we also (i)engineer and design, procure the raw materials and equipment for and construct roads, bridges, commercial buildings, industrial buildings and institutional buildings for third parties, (ii)manufacture and sell ready-mix concrete("RMC") and bitumen and(iii) collect tolls on roads and bridges owned and constructed by third parties. Our business is organised into four divisions: the BOT divisions; the engineering, procurement and construction("EPC")divisions; the RMC and bitumen divisions; and the toll collection contract divisions. We can trace our origins back to 1976. Prior to fiscal 1997, we were engaged solely in the engineering and construction of residential, commercial, industrial and institutional buildings. In fiscal 1997, having acquired EPC skills, we also turned our attention to biddings for contracts for toll roads and toll bridges on a BOT basis. We were awarded our first BOT project, the Dhule bypass in Maharashtra , in fiscal 1997 and completed the construction of the road in the same fiscal year. In fiscal 2000 we began manufacturing RMC solely for use by our EPC division. In fiscal 2002 we began to manufacture RMC to sell third parties as well as for use by our EPC divisions. In fiscal 2005 we began processing bitumen to a higher grade at our facility in Pune for use in road projects. Having developed systems and procedures for collecting tolls on our BOT projects , including developing our own proprietary computerised toll revenue auditing systems, we tendered for and were awarded our first the contract to collect the tolls on a road owned and constructed by a third parties. Our head office is in Nashik, Maharashtra and our operations reach across the states of Maharashtra, Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Goa and Tamil Nadu, the National Capital Territory of Delhi and the union territories of Dadra and Nagar Haveli and Daman and Diu. BOT Division.We currently operate or have an interest in 21 roads and bridges totaling approximately 2,061 kilometers of lanes in Maharashtra, Madhya Pradesh and Chhattisgarh, the concessions for which awarded on a BOT basis. In order to meet specific eligibility requirements for certain larger BOT projects, including requirement relating to particular types of experience and financial resources, we have entered into projects- specific joint ventures or special purpose vehicles with other companies. Out of the 21 BOT projects mentioned above, 16 are in operation and five are under construction. EPC Division. Our EPC Division primarily engineers & designs, procures the raw material & equipment for an construct road & bridges for our BOT Division & third parties. Our EPC Division also maintains & repairs existing roads f

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