DBL Borgaon receives financial closure for road project

DBL Borgaon Watambare Highways Private Limited has received the financial closure letter from the National Highways Authority of India (NHAI) for a project.

The company is a wholly owned subsidiary of the Dilip Buildcon Limited. The details of the project are as under:

DBL Borgaon Watambare Highways Private Limited Four Laning of Sangli-Solapur (Package -II: Borgaon to Watambare) section of N11-166 from existing Ch. km. 219.956 to Ch. 272.394 (Design Ch. km. 224.000 to km. 276.000) of length 52 km. in the State of Maharashtra on Hybrid Annuity Mode.

While the project cost is Rs 1029.40 crore, the construction period is 24 months. The operation period is 15 years from COD.

Image Credit : realtyplusmag.com

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