DBL receives LoA for ₹1,589-cr road project in Karnataka
Dilip Buildcon has been awarded a ₹1,589 crore road contract by the National Highways Authority of India in Karnataka. The company has received a Letter of Acceptance for the project, which involves the construction of a six-lane, access-controlled greenfield highway from Maradgi Andola to the Baswantpur section of NH-150C, 65.50 km. The project, which is part of the Bharatmala Pariyojna program aims at expanding the country's highway network, has a completion period of 30 months and an operation period of 15 years from the commercial operation date. This announcement comes two days after Dilip Buildcon's joint venture with RBL Bank executed a contract for ₹1,061 crore in projects awarded by the Surat Metro Rail Corporation.
📅Published on:
23 December 2022
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