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Dilip Buildcon’s SPVs executes concession agreement with NHAI

23 Apr 2018 Evaluate

Dilip Buildcon’s (DBL) wholly owned subsidiaries - DBL Bangalore Nidagatta Highways and DBL Nidagatta Mysore Highways has executed the concession agreement with the National Highways Authority of India (Ministry of Road Transport and Highways) (NHAI) on April 20, 2018 to execute the projects.

The first project is for six laning of Bangalore-Nidagatta Section km. 18.000 to km. 74.200 of NH-275 in the state of Karnataka to be executed on Hybrid Annuity Mode, while the second project is for six laning of Nidagatta-Mysore Section from km 74.200 to km 135.304 of NH-275 in the state of Karnataka to be executed on Hybrid Annuity Mode. The construction period is 30 months and operation period is 15 years from Commercial Operations. Date (COD).

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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