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Dilip Buildcon’s SPV completes project before schedule completion date

09 Mar 2017 Evaluate

Dilip Buildcon’s SPV - DBL Hata Dargawon Tollways has received the Provisional Completion Certificate (PCC) as declaration of Commercial Operation Date (COD) for the Project of Hatta –Fathepura – Rajpura – Silapuri – Banjna - Darguwa ( Km 0+000 to Km 64+230) at State Highway No 48 on BOT (Toll + Annuity) basis and the project cost 74.25 crore.

Further as per the said certificate, the said project is completed 400 days prior to the schedule completion date and in lieu of the earlier completion of the project, the company is entitled to received maximum bonus amount Rs 15.39 crore from the Madhya Pradesh Road Development Corporation and provisionally declared fit for entry into commercial operation dated March 06, 2017.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.



Peers
Company Name CMP
Lodha Developers 1136.50
Prestige EstatesProj 1461.25
Dilip Buildcon 404.00
DLF 667.80
Oberoi Realty 1842.20
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