Dilip Buildcon (DBL) has been issued Provisional Completion Certificate (PCC) for WCP-5 project and has been declared fit for entry into commercial operation as on February 24, 2018. The company is entitled to maximum bonus of one Annuity Payment of Rs 196,200,000 in lieu of earlier completion of the said Project.
The project is for Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Hirekerur-Ranibennur in the State of Karnataka on DBFOMT, Hybrid Annuity Basis. The scheduled completion date was September 28, 2018 and the provisional completion date is February 24, 2018.
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.
