DBL bags Rs. 1,373.60-cr national highway projects
Dilip Buildcon through its wholly owned special purpose vehicle has recently bagged two national highway projects from National Highways Authority of India involving a combined investment of Rs. 1,373.60 crore. The projects included the construction of the Bangalore-Vijayawada Expressway which is to be completed in 2 years with an operation period of 15 years from COD at an investment of Rs 599.50 crore on hybrid annuity model. The work will also begin for the Bengaluru-Vijayawada Expressway which is expected to be completed in 2 years and commands an operation period of 15 years from COD. This project entailed an investment of Rs 774.10 crore and has to be executed on the hybrid annuity model.
