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Dilip Buildcon receives provisional completion certificate for road project in Karnataka

10 Apr 2018 Evaluate

Dilip Buildcon has been issued Provisional Completion Certificate (PCC) for WCP-3 project and has been declared fit for entry into commercial operation as on February 28, 2018. The company is entitled to maximum bonus of one Annuity Payment of Rs 26,28,00,000 in lieu of earlier completion of the said Project.

The project is for Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) of Hassan - Ramanathapura - Periyapatna in the State of Karnataka on DBFOMT, Annuity Basis. The originally scheduled completion date was September 28, 2018 and the provisional completion date is February 28, 2018.

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 1116.00
Prestige EstatesProj 1458.00
Dilip Buildcon 405.50
DLF 664.00
Oberoi Realty 1825.20
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