Dilip Buildcon’s (DBL) wholly owned subsidiary -- DBL Chandikhole Bhadrak Highways -- has executed the concession agreement with the National Highways Authority of India (NHAI) on April 9, 2018.
The concession agreement is for rehabilitation and up-gradation to six laning of Chandikhole - Bhadrak Section of NH-5 (New NH-16) from km 62.000 to km 136.500 in the State of Odisha to be executed as Hybrid Annuity Project under NHDP Phase V. The company has bid price of Rs 1522 crore and the construction period is 30 months.
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.
