Adding to its project portfolio in the country’s road and highways sector, infra builder of national repute, Dilip Buildcon has bagged yet another road project of Rs.2,013 crore from NHAI. The project in question is located in the state of Andhra Pradesh and entailed the scope of work for six laning of Arandapuram-Pendurthi-Anakapalli section of NH-5 (new NH-16). The company has incorporated a new special purpose vehicle (SPV), which has been named as DBL Anandapuram Anakapalli Highways PRMTE Ltd. The project commands a length of 50.8 km stretch and will be undertaken on hybrid annuity model under Bharatmala Pariyojana for which the company quoted the aforesaid amount with a construction period of 30 months
📅Published on:
30 March 2018
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