DBL secures funds for ₹1,140-cr road project

dilip buildcon
Dilip Buildcon has announced that Repallewada Highways, a wholly-owned subsidiary of the company, has received the financial closure letter from NHAI for the four-laning of NH-363 from Repallewada to Telangana and Maharashtra border on hybrid annuity model at an investment of ₹1,140.50 crore.

The company has also received the letter of acceptance (LOA) for two new HAM projects under the Bharatmala Pariyojana, Phase I in Tamil Nadu and Union Territory of Puducherry, involving ₹2,241.00 crore investments.
📅 Published on: 22 March 2021
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