DBL launches Rs. 2,991-cr NH projects in Karnataka

    Dilip Buildcon
    The highways builder of national repute, Dilip Buildcon has claimed that its SPV Ashoka Mallasandra Karadi Road Private Ltd has entered into a pact with NHAI for Rs 2,991.70 crore projects in Karnataka. The scope of work included four-laning of Tumkur Shivamogga section of NH 206 from Mallasandra to Karadi Village on hybrid annuity mode. The Rs 917 crore project, which is being undertaken under National Highways Development Project (NHDP) phase-IV, will be executed in hybrid annuity mode (HAM). It said adding that another Rs 1,218.50 crore project pertains to four-laning of the Tumkur-Shivamogga section of NH 206 under NHDP phase IV also under the HAM mode will be executed by Ashoka Karadi Banwara Road Pvt Ltd SPV. These apart, the other project pertaining to four-laning of Belgaum Khanapur Section of NH 4A on HAM model is also being taken up by the company, it added.
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