DBL Bangalore receives Appointed Date from NHAI

National Highways Authority of India (NHAI) has given Appointed Date to DBL Bangalore Nidagatta Highways Private Limited, wholly owned subsidiary of the Dilip Buildcon Limited, for a road project.

The project in question is six laning of Bangalore-Nidagatta Section km. 18.000 to km. 74.200 of NH-275 in the State of Karnataka, which is to be executed on Hybrid Annuity Mode.

While the bid project cost is Rs 2190 crore, the construction period is 30 months. The operation period is 15 years from COD.

The date of financial closure is April 2, 2019 and Appointed Date is May 14, 2019. Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors.

It is specialised in constructing state and national highways, city roads, culverts and bridges.

Image Credit : livemint.com

Research Desk

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