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Dilip Buildcon’s subsidiaries execute concession agreement with NHAI

16 May 2018 Evaluate

Dilip Buildcon’s wholly owned subsidiaries have executed the concession agreement with the National Highways Authority of India (NHAI) (Ministry of Road Transport and Highways) for road projects aggregating to Rs 6,055 crore.

The six wholly owned arms that have executed agreement are DBL Byrapura Challakere Highways, DBL Mangloor Highways, DBL Sangli Borgaon Highways, DBL Borgaon Watambare Highways, DBL Mangalwedha Solapur Highways and DBL Rewa Sidhi Highways. The highway projects will be executed in Karnataka, Telangana, Madhya Pradesh and Maharashtra under hybrid annuity mode.

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 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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