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Dilip Buildcon receives Letter of Awards by NHAI for two new Hybrid Annuity Projects

03 Mar 2018 Evaluate

Dilip Buildcon (DBL) has received Letter of Awards (LoA) from the National Highways Authority of India (NHAI) for two new Hybrid Annuity Projects valued at Rs 4,473 crore in the State of Karnataka.

The first project valued at Rs 2,190 crore is for six-laning of Bangalore - Nidagatta section 18 km to 74.20 km of NH-275 in the State of Karnataka to be executed on Hybrid Annuity Mode. The length is 56.20 km. The period of completion is 30 months and operation period 15 years from COD.

The second project valued at Rs 2,283 crore is for six-Laning from Nidagatta - Mysore section from 74.20 km to 135.30 km of NH-275 in the State of Karnataka to be executed on Hybrid Annuity Mode. The length is 61.10 km. The period of completion is 30 months and operation period 15 years from COD.

DBL’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 1120.30
Prestige EstatesProj 1458.00
Dilip Buildcon 408.15
DLF 666.50
Oberoi Realty 1832.50
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