Dilip Buildcon secures ₹4,680-cr roads & highways projects

Dilip Buildcon has informed about the execution of the concession agreements with the National Highways Authority of India for the execution of four roads and highway projects involving an investment of ₹4,680 crore. The agreements were signed by its wholly-owned subsidiaries, DBL Poondiyankuppam Highways and DBL Viluppuram Highways.

The scope of work in the first case includes the construction of four lanes road starting from km 0-000 to km 26.400 of Bangalore to Malur Section of Bangalore Chennai Expressway on Hybrid Annuity Model under the Bharatmala Pariyojana with a project bid cost of ₹1,160 crore and requires a completion period of 24 months.

The second project pertains to be the construction of four lanes expressway from km 26.400 to km 53.500 of Malur to Bangarpet Section of Bangalore Chennai Expressway on Hybrid Annuity Model under the Bharatmala Pariyojana in the same state involving a bid cost of ₹1,279 crore with a completion period of 24 months.

The third project includes the building of four lanes of Viluppuram Puducherry section of NH 45A from Km 0.000 to Km 29.000 under the Bharatmala Partyojana Phase I on HAM in Tamil Nadu and Union Territory of Puducherry costing ₹1, 013 crore.

The fourth project involves the construction of four lanning of Puducherry-Poondiyankuppam Section of NH-45A from km 29.000 to km 67.000 on HAM model in Tamil Nadu and Union Territory of Puducherry entailing an investment of ₹1,228 crore and the project is expected to be completed in 24 months.