DBL incorporates 3 SPVs for 3 proiects worth Rs 3269 cr

Dilip Buildcon Ltd has informed Bombay Stock Exchange about the receipt of Letter of Award from the National Highways Authority of India for three projects in a single stretch in the state of Maharashtra,

“We are hereby pleased to inlorm you that three separate SPV companies have been incorporated lor the respective projects,” it said, adding that the total worth of the project is Rs 3269 crore.

It said the first project is for four-laning of Mahagaon to Yavatmal section of NH-361 from Km 320.580 to Km 400.575 at a project cost of Rs 1,160.64 crore, it said.

The second project is for four-laning of Yavatmal to Wardha section of NH-361 from Km 400.575 to Km 465.500 at a project cost of Rs 1,043.28 crore.

The third is for four-laning of Wardha-Butibori Section of NH-361 from km 465.500 to km 524.690 at a project cost of Rs 1,065.51 crore.

Image Credit : static.dnaindia.com

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